ChartPrime Review- The Best Tradingview Indicator for Trading Forex and Crypto?

Introduction to ChartPrime and Its Features

ChartPrime is a multiple-application package for Tradingview. It includes proprietary signals such as:

It's better than the free software available. It's clearer and easier to access everything you need, because it's all in one suite.

The tools supplied by Chartprime apply to both the Forex and Crypto markets as a

• day trader
• swing trader
•  scalper

Let's look at what ChartPrime can do:

The Famous Chart Prime Oscillator

Chart Prime Oscillator (CPO) is one of the most powerful oscillators available in the Market.

It features an advanced filtering mechanism that pinpoints momentum while efficiently providing accurate overbought/oversold signals, regular and irregular divergences.

Key Takeaways

• Chart Prime is an advanced TradingView trading suite designed for traders looking to excel in the forex and crypto markets. It's better than the free algos available. 
• The tool offers innovative features such as proprietary reversal signals
•  automatic chart pattern detection 
• a smart money concepts indicator included
• a multi-timeframe graded support and resistance levels indicator
• the highly accurate divergence indicator: Chart Prime oscillator 
• a high probability candlestick pattern detection indicator.
• Subscribing to one of its premium plans offers complete access to an active Discord community, personalized training sessions with their staff and access to new trade setups provided by professional analysts.
• With a 7-day money-back guarantee on each subscription plan - trying out Chart Prime poses little risk for serious traders looking for the best tools.

What Makes ChartPrime Stand Out From Others

ChartPrime is one of the leading trading view algos for trading crypto and forex. Its powerful features and intelligent algorithms stand out from other competitors.  Chartprime has several proprietary components, all complement each other and are to be used in confluence . 

The first component is the Market Dynamics Pro which includes support and resistance levels for three different time frames, adjustable to short, medium or macro viewpoints. It's used as one of the confirmations for the buy and sell reversal signals. It is one of the many signals used to increase the accuracy of entry and exit points.

ChartPrime's "Possible Reversal Down or Up" signal is among the most popular. It's easily tunable either manually or auto-optimized. It's used with the support and resistance levels, predictive ranges, dynamic reactor and the Chartprime oscillator to find high-probability entries and exits by tracking the peaks and valleys of price flow.

Together, these items produce converging sets of evidence for possible reversals. I use these at key times of the market to find higher probability entries. 

Why ChartPrime Is the Best 

Many traders have switched to Chartprime because it's available on TradingView. It makes trading analysis second nature and is considered the best Tradingview toolkit in an ocean of failures. 

Unbeatable Confluence 

ChartPrime's combination of features makes up an unbeatable confluence of signals that can be used to identify entry and exit points accurately.

Predictive Ranges

ChartPrime's proprietary predictive ranges allow traders to identify highly accurate support and resistance levels quickly. This is one of the primary forms of support and resistance that helps them to time their entries and exits more accurately.

Chart Patterns

ChartPrime offers a thorough chart pattern recognizer that lets users quickly identify several chart patterns, including:

•  triangles
• wedges
•  channels 
• flags
•  triple tops 
• double tops 
• double bottoms
• Head and Shoulders

It provides at least 12 active pattern alerts on its indicators  - so you can rest assured you're not missing out on any potential trades or critical market setups.

Types of Indicators Available in ChartPrime

ChartPrime is well-known for the variety it offers. They are divided into four categories: 

•  oscillators
• entry-exit signals
• chart patterns
• support and resistance indicators

Oscillators creating Clear Divergences

Oscillators identify overbought or oversold market conditions as well as divergences—the ChartPrime oscillator is similar to the:

•  RSI,
•  MACD
•  CCI,  
• Stochastics

It includes more accurate signals with regular and irregular divergence alerts as well. 

Waveband

ChartPrime even offers an updated version of the Bollinger bands called the momentum waveband. This is an advanced volatility band which considers momentum as well as price.

Trend mode

Chartprime uses coloured red and green candle stick bars. These indicate strong bearish or bullish trends, respectively. Trend Mode includes both continuation and reversal signals based on a proprietary algorithm.

These all establish either a strong trend or reversal when used in confluence. They then help you place accurate targets as well. All of this adds up to more potential profits.  

Reversal mode

The Reversal Mode is based on a combination of technical analysis techniques and proprietary algorithms to provide accurate signals when the market is about to change direction.

Dynamic Reactor

The Dynamic Reactor is built on a unique combination of an advanced technical moving average and volume analysis. The Dynamics Reactor reacts to the volatility and volume change in the market. This gives you an advantage over other non-proprietary or free indicators in its simplicity, ease to use and overall accuracy. 🚀

Key features of ChartPrime Dynamic Reactor:

1️⃣ Adaptive analysis: The Dynamic Reactor automatically adjusts its sensitivity and calculations based on the current price action, ensuring you always receive the most relevant trend direction and areas of support/resistance or area price may rocket through.

2️⃣ Multi-faceted approach: This versatile indicator combines various aspects of price action plus volume to provide a comprehensive market view.

ChartPrime's Superior Charting Tools

ChartPrime's excellent charting tools are designed to help traders find the best entry and exit points quickly and accurately and quickly.  The charting tools include an enhanced chart pattern recognition tool, including double tops, double bottoms, head and shoulders, and reverse head shoulders to be used in confluence with support and resistance.

 ChartPrime's charting tools also feature advanced technical analysis tools such as premium candlestick patterns, trendlines, and high-probability trend reversal patterns. Again, traders can improve entries and exits in confluence with the Chartprime oscillator and support and resistance.

You'll gain an edge in your trading with potential higher win rates and lower drawdowns than with free indicators.

The superiority of the trading suite comes from the components working together, not just individually. Other indicators are available, especially free ones. I'll outline some of the best free indicators below, but from my experience, you get what you pay for.

Pricing and Plans

ChartPrime provides a range of plans suitable for traders at every skill level. With each plan, you gain complete access to ChartPrime's extensive array of features, including trend signals, institutional order blocks, pattern detection, reversal signals, and robust oscillators. Moreover, all plans incorporate a 7-day free trial period, enabling traders to thoroughly test out the features of ChartPrime before making a commitment to a specific plan.

With ChartPrime fully set up , this indicator will elevate your trading to new heights. Win rates will potentially improve and drawdowns decrease. Remember to limit the number of trading instruments. I only trade two currencies and one Cryptocurrency. 🚀 

For a more in-depth tutorial and tips on using ChartPrime effectively, check out the Chartprime video guide on their YouTube channel.

Examples of Successful Trades Using ChartPrime

ChartPrime provides traders with the tools to take their trading to the next level. With the right indicator a trader can be sure of having more high probability trade opportunities over time.

You've not left alone, and the Indicator suite includes a strong community that can always answer your questions, along with weekly live classes to help you know the best confluence techniques.

Check this video out on one such successful trade and how it's done:

Here are a few testimonies on the quality of the indicator:

These examples show what can be achieved when a beginner or experienced trader have the proper knowledge and the best Tradingview Indicator. ChartPrime demonstrates the power of confluence for more accurate entries and exits, leading to more high probability trade opportunities over time.

Advice on How to Use ChartPrime for Best Results

Here are some helpful tips to get the most out of ChartPrime:

Explore the Video Tutorials

ChartPrimes YouTube channel provides a range of videos that explain the different indicators available and their optimal usage.

By watching these videos and becoming familiar, with each indicator you'll gain the confidence and knowledge to enhance your trading decisions.

Check out the live youtube classes as well. This is where you'll gain the most info.

Remember, utilizing these resources will empower you to make trades and fully leverage the benefits of ChartPrime.

Take advantage of Backtesting

Backtesting proves to be a helpful technique when utilizing ChartPrime. It entails evaluating indicators using market data to gauge their performance and gain insights into how they may perform in the future.

To determine your trading style and important stats,  backtest with varying indicator setups and adjust your strategy accordingly.

Backtesting regularly will enable you to maximize profits and minimize losses, ultimately leading to success as a trader.

Know Your Risk Profile

Before you begin trading with ChartPrime it's essential to understand your risk profile. This will help you determine which indicator setups to use and how much capital to allocate for each trade. Every trader has their own tolerance for risk, so it's crucial to get a sense of your own before diving into trading.

By keeping these guidelines in mind, you can possibly maximize your profits, with ChartPrime. Unlock its potential. With the knowledge and the best Tradingview Indicator, you'll be well-equipped to have access to the best trading opportunities.

Try Before You Commit

ChartPrime provides a 7 day free policy giving you the opportunity to test out their indicators before making a commitment. This way you can determine if the indicators align with your trading style or goals before investing in them.

Take Advantage of Discounts

If you find that ChartPrime is valuable and worth your investment, you can make the most of their 15% discount on their indicator. This way, you can save both time and money while still gaining access, to a range of trading tools.

Get Support from Professional Service Team

One great aspect of ChartPrime is their commitment to providing top notch customer support at no cost. Their exceptional customer service has earned them a star rating on trust pilot, which means that whenever you encounter any questions or issues while using their indicators they'll be more than willing to assist you.

If you're in search of the Tradingview Indicator ChartPrime is an option. It offers a range of indicators. You can try it for free for 7 days, and cancel if you're not satisfied.

Additionally, they provide discounts for purchasing the paid versions. Ensure customer service. With ChartPrime you'll have the confidence, expertise and assistance to execute more successful trades.

Conclusion

ChartPrime is an excellent choice. It has many different choices for technical analysis, many of which include volume as well as price action.

It can be used across numerous time frames, from scalping to position trading. It provides high-quality and high-probability trade entries that can be taken with more confidence.

What's included in Chart Prime ranges from chart pattern recognition, candle sticks recognition, and smart money to volume-integrated indicators. This gives you a comprehensive advantage and edge into today's markets if properly implemented with the right psychology, right broker and money management.

You can explore the Chartprime indicator suite through the links above. Keep in mind I do collect a fee from these links if you subscribe to the suite.