How do Indicators and Strategies differ in TradingView?

In Tradingview, an indicator is a function that provides a visual representation of the market based on mathematical calculations, and is meant to help traders make informed decisions about buying and selling. On the other hand, a strategy includes all the features of an indicator, but in addition, it also contains a set of rules and criteria for 'your trading journey'.

Strategies are meant to provide traders with a complete trading plan, including multiple indicators and other variables such as risk management. With a strategy, traders can test how their trading plan would have performed in historical market conditions, using the backtesting feature in TradingView.

The main difference between an indicator and a strategy is that a strategy includes a powerful backtesting system, while an indicator does not. Backtesting allows traders to test how their trading plan would have performed in historical market conditions, using the backtesting feature in TradingView.

In summary, an indicator provides a visual representation of the market while a strategy provides a complete trading plan.

Now that we've established the distinction between indicators and strategies, let's discuss the different versions of Easy Trade. Easy Trade is available in multiple versions, each tailored to different trading needs:

• Easy Trade Standard --> Indicator

• Easy Trade Pro --> Indicator

• Easy Trade Pro with Backtesting System --> Strategy