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Tradingview is chock-full of buy/sell indicators that work great in backtests but just because they work well in the past doesn’t mean they will perform the same way in the live market. Signals will always appear more precise in retrospect than when they were generated live.
Looking for a non repainting buy sell indicator could be a daunting task. Almost all of them claim that they give highly accurate buy and sell signals; however, many traders end up realizing that their signals were accurate because they repaint after the closing of the candle. It is very frustrating to use an indicator that gives unrealistic signals, which results in poor decisions.
The RSI indicator (Relative Strength Index) is a momentum oscillator that measures the speed and size of recent price moves on a scale of 0 to 100, helping traders spot when an asset is overbought or oversold. Developed by J. Welles Wilder Jr. in 1978, it remains one of the most widely used tools in technical analysis, but reading it correctly takes more than memorizing "above 70, below 30."
Price and momentum don't always agree. When they don't, that disagreement has a name:
What if the same pattern traders trust for breakouts is also one of the clearest signals of a coming breakdown? Most traders learn the cup and handle it as a bullish setup. Price carves out a rounded bottom, consolidates briefly, then breaks higher. Clean, simple, profitable when it works. But the bearish version of this pattern gets far less attention, and that is a mistake. The inverted cup and handle pattern is one of the more reliable breakdown signals you will find on a chart, and the traders who know how to read it early are the ones positioning short before the crowd even notices the structure forming.