Actually in the trading platform I always follow current market situation and trading volume and relative strength index (RSI) . Every trading strategies should follow trip for a successful trading system..
Don't trade with greedy
Don't trade with out of your budget
Don't trade with borrowing.
Topic: Are you using trading indicators? - page 4. (Read 1008 times)
The only indicator I employ in my trading presently is RSI because it's easy for me to understand alongside identifying POI (point of interest) using order blocks (OB) and BOS (break of structure) with successive retrace/reversal... I also use lines at times to clearly see the pattern of the market, meanwhile, I don't like complicating matter for myself, that's the reason I'm presently on a journey to refine my strategies and settle for the best.
Currently there are too many trading indicators and it makes me confused because 1 indicator is sometimes different from other indicators, the best thing I do is use charts to analyze the next price movement, although it does not guarantee profit but at least this can make me continue to learn to improve trading technique.
Obviously they can't all be the same and they shouldn't put the others if all of them are still going to be the same. There are different kinds but who says you are going to use them all? if your a beginner you can start on the easiest one, I think it was in default or idk but maybe it can also depend on the platform that you are using. You use chart but a chart is not a tool.Charts are already there to see the price movements but it can still help you predict if where will the price will go. That is better than not using the charts at all. I know someone that buys and sells randomly though. Trading does not guarantee a profit so don't worry you are not far from the other better traders.
Not all the indicators are real.Some are fake,because the people making use of scam indicators without the knowledge.You can use of many trading chats instead of the using the indicators.Because with my knowledge,most of the indicators are fake and not a potential one.And you can use of candlestick and draw the chart using the candlestick flow.Trading for crypto was based on chart.
There's no such fake indicators if you do just know on what are their uses and how to use them.You would definitely say about being fake is into those analysis given or being shared by someonebut you cant actually tell if its really a shit one or not basing off on market movement. Of course trading indicators are useful and does have their own function thats why a trader should
really be that versatile on making use of these tools for them to make out some good analysis on the market even though it wont be that precise but its better rather than have nothing at all.
I just want to ask this question, are you using indicator for trading? If using it for trading, is it helping you. I just want to go beyond what we are reading online and see what people will have on this.
If you are using indicators for trading, which ones have you used that make a good trades for you?
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Indicators are tools meant for TA in order to help you have a clearer view on the market and support your analysis to properly identify market direction even though you're a professional trader I guess they sometime use it because no one is 100% accurate when it comes to trading.
The indicators I found more favourable to Use is the 200 MA , 50 MA and the RSI in order not to complicate issues I don't keep them on my chart I use them when it the right time
Not all the indicators are real.Some are fake,because the people making use of scam indicators without the knowledge.You can use of many trading chats instead of the using the indicators.Because with my knowledge,most of the indicators are fake and not a potential one.And you can use of candlestick and draw the chart using the candlestick flow.Trading for crypto was based on chart.
Currently there are too many trading indicators and it makes me confused because 1 indicator is sometimes different from other indicators, the best thing I do is use charts to analyze the next price movement, although it does not guarantee profit but at least this can make me continue to learn to improve trading technique.
Basically i don't use any indicator for trading. I just follow the team and their update on my targeted coin. I also follow the project purpose and chain and their mission vision. Besides these i follow present situation of around us about crypto market and history of that coin. So i think when i summarize all these questions, they help me on trading.
Trade indicators are an important factor in trading. These indicators are very helpful in decision-making and market analysis on various trading-related issues. I'm most certainly use indicators to see market status very much like what was referenced by the others. At the point when the market is still up at that point, exchanging choices could be formed and done likewise. My favorite trading indicators are Fibonacci Bollinger Bands and Support Resistant & Candlestick Patterns. When it comes to investing in different types of cryptocurrencies, I mainly analyze these trading indicators along with some fundamental news.
Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do
I would say that if you are trading with indicators, that is a good weapon to have, but you still know how to use it, plus you still need to know what happens when it doesn't work.I always say that trading without indicators is risky, trading with ONLY indicators is even riskier. Main reason is that because you have indicators, they are showing you what crypto should be doing, and usually it doesn't do what it should be doing and that is why people lose money on it.
When you are trading without indicators you could make mistakes and you know why you are making mistakes, but when you are trading with indicators and lose money, that is always a bit harder to understand why. A right combination of all technical strategies and risk management along with fundamental analysis only will lead a trader to make sustaining profits.
If they are using it, obviously they should know how to use it. Most traders use the the RSI is simply because its the most used and widely explained that any newbie have learned to use it for identifying overbought and oversold. But they also need different indicators supporting RSI which is why its best to have other indicators along wit RSI.
One that I use is the Volume Osc. There are more to use but it may depend on the personality of the trader. Some draw lines to see high/lows and breakouts. Its not what others are doing because they only follow patterns and fundamental news in crypto.
Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do
I would say that if you are trading with indicators, that is a good weapon to have, but you still know how to use it, plus you still need to know what happens when it doesn't work.I always say that trading without indicators is risky, trading with ONLY indicators is even riskier. Main reason is that because you have indicators, they are showing you what crypto should be doing, and usually it doesn't do what it should be doing and that is why people lose money on it.
When you are trading without indicators you could make mistakes and you know why you are making mistakes, but when you are trading with indicators and lose money, that is always a bit harder to understand why. A right combination of all technical strategies and risk management along with fundamental analysis only will lead a trader to make sustaining profits.
I usually trade when holiday or week end, I'm not too focused on learning trading such as trading indicators, analysis, graphics and so on, a few years ago I ever tried various techniques but the results did not guarantee the profit, it is better to choose a new listed To skyrocket in the short term then install the selling price of at least 50%.
it is very risky if you apply it continuously, especially when the market is bearish, because it will not guarantee that new tokens in the market will experience a continuous increase,
we must be able to do technical analysis,because it is very important to avoid big losses,
We couldn't avoid big losses especially if we're relying on indicators orany technical analysis because as for me, they can't guarantee you a sure profit. It would be an advantage if you'll know how to deal with every market situation and could decide based on your own analysis. It will take time to learn everything about trading but it will all be worth it.
I usually trade when holiday or week end, I'm not too focused on learning trading such as trading indicators, analysis, graphics and so on, a few years ago I ever tried various techniques but the results did not guarantee the profit, it is better to choose a new listed To skyrocket in the short term then install the selling price of at least 50%.
Nothing is actually guaranteed when you are trading. So if you think technical or fundamental analysis should give you guaranteed profits then you are wrong.
These analysis just gives the probability of the price to move in that direction and nobody can accurately predict how much a coin can go in one direction.
Basically, nobody can predict the top or bottom of a trend. Investing in a new coin is definitely a risky thing to do.
We can't say if it will hold it's value or people might dump it or it might turn out to be a scam coin instead.
So trade only with well established coins.
I usually trade when holiday or week end, I'm not too focused on learning trading such as trading indicators, analysis, graphics and so on, a few years ago I ever tried various techniques but the results did not guarantee the profit, it is better to choose a new listed To skyrocket in the short term then install the selling price of at least 50%.
Doesnt matter on what technical indicators you would be using because this is actually very situational because there are indicators which are relevant to use on a specific condition where its up to you whether you do make use of it or would totally be using the other.As a trader then you should really be that versatile towards your actions and possible move or analysis that you would made.Come to think that not all the times this market does have some news or sentiments which it would be standard for a trader on making use of technicals to set out their positions whether on a bearish or bullish market.
Oh really? I thought all indicators are the same that delivers the same purpose but it's only just a matter of favoritism or preference if what you think it is good and easy for you but every pro traders must be using an indicator because it can help them win their trades while non pro traders are not using any of those because they don't know how those things works and to them they can still trade by simply looking the flow of the price in the charts.Being versatile is a good trait to adopt because we can switch with the other if the other does not work well. It allows us to minimize the risk and it can allow you to make a consistent income whatever the conditions of the market.
The one who analyze the coins by himself would be better rather than complying on some indicator that sometimes give you a wrong signal and all of the planning of a trader got destroyed and in vain, so I would prefer mostly that everyone should go about the coins in which they are trading and got some information about them after which they have much knowledge to analyze these coins as well.
Every trader keeps an eye on the market from their comfort zone. The indicator gives an idea about the movement of the market if the indicator can be used in the right way. An experienced trader must use different indicators to implement his strategy because there is no benefit in using his strategy without indicators.
So indicators are very important for a trader if he takes trades after doing market analysis.
The different indicators also work to provide some sort of confirmation process as well. With a few different indicators, you could check from many angles and if all of them show the same thing then you could make a move based on that. It would be smart to double-check it from the charts and see if all of them shows the same thing. That doesn't mean that it has to be solely based on indicators, we all make silly trades on silly coins and tokens from time to time, just to check and see what happens, but that's a bit rare. So finding multiple indicators, and seeing if they all say the same thing is very important.
Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do
Every trader keeps an eye on the market from their comfort zone. The indicator gives an idea about the movement of the market if the indicator can be used in the right way. An experienced trader must use different indicators to implement his strategy because there is no benefit in using his strategy without indicators.
So indicators are very important for a trader if he takes trades after doing market analysis.
I'm using these indicators from this video: https://www.youtube.com/watch?v=eHtJ4I4S4Vc
I'm pretty satisfied with the result so far and will keep using these method if the event suits my best, although it's pretty normal to lose because it's just a normal stuff in trading, you win some and you also lose some of your investment. I would try more indicators as the time goes on, but it will take time and could interfere your trading session ima be honest.
I'm pretty satisfied with the result so far and will keep using these method if the event suits my best, although it's pretty normal to lose because it's just a normal stuff in trading, you win some and you also lose some of your investment. I would try more indicators as the time goes on, but it will take time and could interfere your trading session ima be honest.
I just want to ask this question, are you using indicator for trading? If using it for trading, is it helping you. I just want to go beyond what we are reading online and see what people will have on this.
If you are using indicators for trading, which ones have you used that make a good trades for you?
It wouldnt matter if its effective or not because the market is unpredictable and random which whether you do make use of indicators or not.
Naked trading or does have lots of indicators been used as for my own i do make use of
1. MA
2. RSI
3. MACD
4. Common support and resistance line
Depending or varying on what time frame you are tending to snip out some positions since
not all would be the same on what type of trader you are.
Yes always the indicators like MA, RSI, MACD might not help as at times the market will move up and down based on news on crypto market or on any particular coin we have invested on. Yes, besides the indicators, even one can assume / predict correctly on what is going to happen based on their experience. So the indicators, news around and the experience will equally add up and bring out right prediction.
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