Topic: Are you using trading indicators? - page 5. (Read 930 times)
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 wouldn't bulge all them on an outline however as it will be indistinguishable on my end, I attempt to be perfect as conceivable on my diagrams so I can peruse it all the more obviously and comprehend it better. Markers are critical instruments that truly facilitates exchanging for me, and some way or another diminishes my hasty exchanging and losing minutes. Along these lines, that is for my own experience utilizing such.
If you are using indicators for trading, which ones have you used that make a good trades for you?
I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.
be mainly used or i could say it would be enough and the rest would really be depending on someones preference to add up like RSI or MACD or according to your own knowledge since
not all would really be that good on applying out indicators on specific conditions but actually learning them isnt really that hard because as a trader then you should know on how these
indicators should be used since it would really be beneficial for long term.
If you are using indicators for trading, which ones have you used that make a good trades for you?
I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.
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.
If you are using indicators for trading, which ones have you used that make a good trades for you?
I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.
It's okay to use stone for small activities but when it comes to building a house, it's not efficient. Those that don't use indicators are not real traders but they can be investors because investing is more easier, you can buy and sell without needing the use of complex tools like what you're doing with when you do trading.
Different kinds of indicators won't be there or won't be invented for no reason. They are not built to make traders more confused but they can be used by professional traders that are already bored by the basic indicators. They are just upping their game, they want more challenge so they use harder indicators. No need to copy them but you can stick on what makes you comfortable.
Stones have been used for centuries to build houses, maybe they knew something? In the end indicators could be beneficial if you use them, but they would hurt you if you simply rely on them. Just realize that indicators are there to "help" not give you instructions. There are so many people who react like indicators are guaranteed things and whatever you do, you need to just focus on making a profit from it at the same time.Different kinds of indicators won't be there or won't be invented for no reason. They are not built to make traders more confused but they can be used by professional traders that are already bored by the basic indicators. They are just upping their game, they want more challenge so they use harder indicators. No need to copy them but you can stick on what makes you comfortable.
I get that not many people are fine with using multiple different sources to make sure their decision is okay, but if you only look at indicators and nothing else then you are going to miss out on a lot of chances and also will end up making wrong decisions.
YES, of course, because I believe that the use of these things can help me to improve my TA and also become the basis to what action we need to do next.
RSI, MACD...these two are the indicators that I usually use. I'd also look for the others but based on my experience having a number of indicators could affect my decision making and I've noticed that it was not effective compared to using only 1-2 indicators. Sticking to the indicator that we see helps a lot is a great idea. We don't need them all, honestly.
RSI, MACD...these two are the indicators that I usually use. I'd also look for the others but based on my experience having a number of indicators could affect my decision making and I've noticed that it was not effective compared to using only 1-2 indicators. Sticking to the indicator that we see helps a lot is a great idea. We don't need them all, honestly.
If we trade without using trading indicators like gambling and the risk of making a mistake is quite large, because trading indicators make it easier
for us to predict where the market will move, so it greatly influences the decisions we will take when trading. So I think all successful traders can
use trading indicators well, therefore I also always use trading indicators every time I trade. What you said about trading indicators is true, we don't
need to use a lot of trading indicators, it will only make us confused in making decisions, and it must be admitted that based on my experience it is
not effective to use too many trading indicators. Just choose what we think is effective to use, like you only choose RSI and MACD to be used to
predict price movements in the market. Because RSI and MACD are basic indicators that many traders use to help determine when to buy and sell coins.
I also always rely on RSI and MACD every time I trade, even so I also occasionally use other trading indicators depending on the market situation.
YES, of course, because I believe that the use of these things can help me to improve my TA and also become the basis to what action we need to do next.
RSI, MACD...these two are the indicators that I usually use. I'd also look for the others but based on my experience having a number of indicators could affect my decision making and I've noticed that it was not effective compared to using only 1-2 indicators. Sticking to the indicator that we see helps a lot is a great idea. We don't need them all, honestly.
RSI, MACD...these two are the indicators that I usually use. I'd also look for the others but based on my experience having a number of indicators could affect my decision making and I've noticed that it was not effective compared to using only 1-2 indicators. Sticking to the indicator that we see helps a lot is a great idea. We don't need them all, honestly.
Trading indicator for me is like using a hammer instead of stone when you are building a house like you can make nail works using stone and hammer at the same time but it seems efficient and convenient to use a hammer, right?
There are a lot of trading indicators and the most I hate are those lot of trading indicators that will make your chart messy, I am just using some basic trading indicators because there are some indicators that are based on those basic indicators.
Trading indicators are extremely complicated only if you don't get the right item. Trading indicators are mainly use to analyze the chart. Experts use them to Know when a particular coins is going to pump and dump. I simply prefer using signals to trade, because it's not stressful and does not take time compare to when you will be the one doing and drawing lines across chart, Making it complicated. Indicators are highly recommended for easy and correct chart. There are a lot of trading indicators and the most I hate are those lot of trading indicators that will make your chart messy, I am just using some basic trading indicators because there are some indicators that are based on those basic indicators.
In doing technical analysis I use the moving average indicator combined with the stochastic. but I also draw using trend lines to analyze buy or sell areas. So far I think these indicators help in determining when to enter the market or when to leave the market. because all that is presented by the indicator is a valid signal, then we must understand the weakness, so that we can do a cutloss when the indicator does not work
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.
In doing technical analysis I use the moving average indicator combined with the stochastic. but I also draw using trend lines to analyze buy or sell areas. So far I think these indicators help in determining when to enter the market or when to leave the market. because all that is presented by the indicator is a valid signal, then we must understand the weakness, so that we can do a cutloss when the indicator does not work
Trading indicator for me is like using a hammer instead of stone when you are building a house like you can make nail works using stone and hammer at the same time but it seems efficient and convenient to use a hammer, right?
There are a lot of trading indicators and the most I hate are those lot of trading indicators that will make your chart messy, I am just using some basic trading indicators because there are some indicators that are based on those basic indicators.
It's okay to use stone for small activities but when it comes to building a house, it's not efficient. Those that don't use indicators are not real traders but they can be investors because investing is more easier, you can buy and sell without needing the use of complex tools like what you're doing with when you do trading.There are a lot of trading indicators and the most I hate are those lot of trading indicators that will make your chart messy, I am just using some basic trading indicators because there are some indicators that are based on those basic indicators.
Different kinds of indicators won't be there or won't be invented for no reason. They are not built to make traders more confused but they can be used by professional traders that are already bored by the basic indicators. They are just upping their game, they want more challenge so they use harder indicators. No need to copy them but you can stick on what makes you comfortable.
Using the RSI can determine when we will enter the market and place a buy or sell order. But maybe if you add MACD and MA, you will be able to find other information that might be more specific. It all depends on the ability of each trader because we have different skills, and maybe we also use different indicators.
These indicators mentioned take some time to be understood. They are not just indicators that we can fly into and understand within few days of trading. MACD itself is a little difficult to be used., it takes time because of its make up and not everyone like to use it. I prefer RSI and MA to make my trading a little lighter for easy analysis.
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?
Yes, I use indicators for trading because with indicators, at least I can find an entry point to start trading. Whichever indicator you use, make sure you know how to use it to get more opportunities to trade, although it also depends on how well the market and the coins are moving.If you are using indicators for trading, which ones have you used that make a good trades for you?
Using the RSI can determine when we will enter the market and place a buy or sell order. But maybe if you add MACD and MA, you will be able to find other information that might be more specific. It all depends on the ability of each trader because we have different skills, and maybe we also use different indicators.
Trading indicator for me is like using a hammer instead of stone when you are building a house like you can make nail works using stone and hammer at the same time but it seems efficient and convenient to use a hammer, right?
There are a lot of trading indicators and the most I hate are those lot of trading indicators that will make your chart messy, I am just using some basic trading indicators because there are some indicators that are based on those basic indicators.
There are a lot of trading indicators and the most I hate are those lot of trading indicators that will make your chart messy, I am just using some basic trading indicators because there are some indicators that are based on those basic indicators.
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.
I used them in past and yes it helps but nowadays it's too unpredictable and the indicators don't help as much. I am especially more active in the altcoins market due to the high potential of growth, and that market is more based on fundamental analysis than technical.It would be good if we had some experienced traders here who could teach us how to use indicators and which ones are good. I have to visit youtube and google search for basic trading knowledge sometimes which sucks. There are many courses but I don't know which one is solid and trusted. I won't mind paying $100 a month to learn some advance trading from an experienced trader who has done it all.
I have started my trading life with the fresh chart ,I always try to read every candle and try to predict the next candle to enter on the market .I have seen many of my friends to do trading with indicators i think they feel comfortable with that but i am not .Its make me error to predict the market .I don't even use RSI .However its my tricks to read every candle you might follow if you wanna to do it .I think it will be more easy to read the fresh chart and Japanese candlestick says a lot about market movement .That's why i follow this trick and i can make profit on this way but not to suggest you ,If you feel indicators helps you to get profit .Its actually depend on you on which tricks you will make to follow .
I hope you don't use only candlestick? Candlestick is good for longtime but at the short time you have to follow on what the market is doing. But you need to support candlestick with other indicators like RSI. Japanese candlestick may be taking over by volatility, so at such point when a candle close for continuing direction, it can change for the opposite direction because of volatility.
I have started my trading life with the fresh chart ,I always try to read every candle and try to predict the next candle to enter on the market .I have seen many of my friends to do trading with indicators i think they feel comfortable with that but i am not .Its make me error to predict the market .I don't even use RSI .However its my tricks to read every candle you might follow if you wanna to do it .I think it will be more easy to read the fresh chart and Japanese candlestick says a lot about market movement .That's why i follow this trick and i can make profit on this way but not to suggest you ,If you feel indicators helps you to get profit .Its actually depend on you on which tricks you will make to follow .
Trading indicators are a helping tool to make a good market analysis, TA in general.
If you are using indicators for trading, which ones have you used that make a good trades for you?
https://www.investopedia.com/articles/active-trading/101314/top-technical-indicators-options-trading.asp
But I only use the RSI(Relative Strength Index) indicator which seems to be the best option for me. Simply checking on the price trend of a certain coin will help up to decide when to buy and when to sell. I use this strategy for quite a long time and I was really comfortable using this. Well, to try others is not wrong, that actually it helps more but I'd choose to focus on one.
If you are using indicators for trading, which ones have you used that make a good trades for you?
But I only use the RSI(Relative Strength Index) indicator which seems to be the best option for me. Simply checking on the price trend of a certain coin will help up to decide when to buy and when to sell. I use this strategy for quite a long time and I was really comfortable using this. Well, to try others is not wrong, that actually it helps more but I'd choose to focus on one.
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