Clean charts for timing entries/exits, spotting trend breaks, and confirming recovery.
Bottom line: TradingView is a “default winner” for charting: clean visuals, tons of indicators, and an easy workflow for entry/exit discipline.
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FAQ (fast answers)
Is TradingView good for dividend capture?
Yes—because dividend capture lives or dies on timing and recovery. TradingView helps you confirm trend, spot breakdown risk, and set clear “take the win” exits.
What’s the simplest chart setup for Yield Raiders?
Use daily candles, add a 20-day and 50-day moving average, and mark your entry/exit zones. Keep it simple so you actually follow it.
Do I need options/day-trader features?
Nope. Ignore the noise. You’re here for clarity: trend, levels, and recovery confirmation.
The “don’t overthink it” chart template
- Timeframe: Daily
- Indicators: 20 MA + 50 MA (optional: RSI)
- Levels: entry zone, exit zone, and “breakdown” line
- Goal: confirm the price is recovering instead of sliding downhill
What Yield Raiders should actually look for
- Entry timing: buy after a down day or at support (your rules), not after a hype spike.
- Recovery confirmation: price stabilizes, stops making lower lows, and starts reclaiming levels.
- Exit discipline: don’t hold “just one more day” if recovery is done and your rules say exit.
Strategy testing (lightweight)
TradingView isn’t only “pretty charts.” You can also simulate past price action using replay-style testing to practice timing and refine rules—without risking real money.
Watch-outs
- Indicator addiction: more indicators doesn’t mean more accuracy. It often means more excuses or worse, “analysis paralysis”.
- Over-zooming: don’t get hypnotized by 1-minute charts if you trade off daily rules.
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