TradingView is an advanced charting platform that perfectly complements Eightcap, providing you with all the trading and analysis tools you need in one convenient spot.

With custom indicators in TradingView, you can easily customise your charts and apply a variety of indicators — no need to hop between different platforms. You can also explore multiple indicators on each chart!

Learning how to add custom indicators to TradingView may potentially assist with your trading approach. Let’s get started!

So, just what are custom indicator templates?

Custom indicator templates are a savvy way for traders to save their favourite chart settings. This means you can save multiple indicators, colours, and parameters all in one place. Instead of manually adjusting everything every time you analyse a new asset, you can just apply your saved template with a click.

This feature is especially useful for:

• Traders using multiple indicators: If you like to incorporate several indicators in your analysis, these templates can help.
• Those with different strategies: If you follow various strategies across different markets, you can switch up your setup quickly.
• Anyone looking for efficiency: Custom templates help streamline your charting process, so you can focus more on trading.

By using custom templates, traders can keep things consistent across different assets and timeframes. This is really helpful if you rely on specific combinations of indicators for your strategies.

Regardless of your particular trading strategy, these pre-set templates make your analysis smoother — plus, they help reduce the risk of missing key signals.

The perks of TradingView custom indicator templates

If you’re one of those Eightcap traders using TradingView custom indicator templates, you probably know why it’s such a game changer. Let’s talk about some of the main perks:

First off, it’s a huge time saver! You won’t have to set up those indicators from scratch every single time you start a new chart. 

Then there’s consistency. You get to keep your settings uniform across different charts. This way, you can focus on trading rather than tweaking the same settings over and over again.

Plus, it can potentially assist with your analysis. You can easily switch between templates to compare different strategies quickly.

And let’s not forget about efficiency. With fewer manual adjustments to worry about, you’ll have more time to spot potential trading opportunities.

Having a well-organised template system is a lifesaver too. You can experiment with new strategies without the risk of losing your original settings. That way, you always have your indicators set up ready to go whenever you need it. 

Here’s how to create custom indicator templates in TradingView

Creating a custom indicator template in TradingView can be done in just a few quick steps. Here, we’ll break it down for you:   

1. Add indicators to your chart 

Open up TradingView and pick the asset you want to analyse. Head over to the top of the chart and click on ‘Indicators.’ From there, you can search for your favourite indicators — think Moving Averages, RSI, Bollinger Bands — and add them to your chart.

2. Save your indicator setup as a template 

Once you’ve got your indicators all set up, it’s time to save them! Click on the ‘Indicators & Strategies’ menu, then select ‘Save Indicator Template.’

Give your template a name that makes sense for you, like ‘swing trading setup’ or ‘day trading strategy.’ You’ll also get the option to include your symbol and timeframe settings if you want.

3. Apply a saved template to a new chart 

Now, whenever you want to apply your saved template, open up a new chart in TradingView. Click on ‘Indicators & Strategies’ again, and head over to the templates section. Just find the template you saved, click on it, and voilà! All your indicators will be automatically applied to the new chart with all your previous settings still intact.

And that’s it! Now you can switch between your different setups without a hitch.

Efficiently manage your custom indicator templates in TradingView

TradingView allows you to efficiently manage and update your custom indicator templates. Here’s how:

Editing a saved template 

If you need to tweak something in a saved template, it’s really simple! Just apply your chosen template to the chart, make any adjustments to the indicator settings as needed, and then you have two options: you can either overwrite the existing template or save it as a new one.

Deleting an indicator template 

If you find that a template isn’t working for you anymore or you just want to clean things up a bit, deleting one is quick and simple. Just open the templates menu under ‘Indicators & Strategies,’ find the template you want to get rid of, and hit the delete option.

Refine your trading strategy with TradingView custom indicator templates

Using custom indicator templates on TradingView benefits traders in a few great ways:

1. Quickly compare different strategies 

You can easily switch between setups, which makes testing different trading strategies more seamless.

2. Reduce setup time 

These templates let you apply your preferred settings quickly — helping you streamline your charting process.

A smoother trading experience with TradingView and Eightcap

TradingView and Eightcap work together in synergy;  making your charting and trading experience more efficient. TradingView custom indicator templates* can potentially help you save time and enhance your analysis.

Ready to get started? Make your trading a seamless experience by setting up your custom indicator templates in TradingView. Trade with Eightcap. 

*Please note: custom indicators should be used responsibly and with an understanding of the market.