This FREE Indicator Replaced 40 on My Chart

Summary

The presenter says they replaced 40 chart indicators with a free TradingView tool called All-in-One Toolkit and tested its signals on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) from 2021 to 2026.

The test reportedly included fees on every trade. Full trade-by-trade results and account growth are available in a channel-member backtesting sheet. The subtitles do not provide aggregate performance figures.

Indicator and trading framework

• A buy or sell signal appears when the price closes past a tracking line.
• Signals are filtered for real volume and alignment with the trend tape. If the daily trend also agrees, the signal is labeled strong.
• The trend tape is green during an uptrend and red during a downtrend. When it flattens or volume fades, candles turn gray as a warning not to force a trade.
• The indicator plots a stop 2 ATR away and three targets at 1R, 2R, and 3R, where R is the trade’s risk unit. It labels targets when they are reached.
• It also marks structural breaks, draws trendlines, and shows the price level with the most traded money, which the presenter describes as a control point.

Example and key numbers

• BTC, November 2024: A strong buy signal at $74,000, with a stop at $71,600.
• All three targets were reached within one week. A later opposing signal closed the trade at $94,000.
• The presenter reports a result of +7.47R for this example.
• The indicator reportedly discards two-thirds of signals through its filters.
• Channel membership for the backtesting sheet and strategy videos costs $7.99 per month.

Caution: The presenter recommends trying the indicator on paper first. The subtitles do not provide full test statistics or independently verified results.

Presenter/source: TradeIQ presenter (not named); Trade IQ backtesting sheet.