Best indicators for this situation? - page 2.

DarkIT

sr. member

Activity: 1176

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Quote from: Ararbermas on June 30, 2021, 03:06:33 AM

As you can see guy a there's no stable progress after the massive decline in the market and sometimes when it start showings green it didn't last long always wherein after day or two it's always suddenly disappear and turn into red again.
For me because I'm not a professional trader it became too difficult to predict or just to have a clue even you used some of those useful indicators..

And these what i use on this current situation.

Williams alligator
Bollinger
RSI
SAR
Stochastic
Supertrend
Macd
Ichimuko clouds

What's your thoughts? Any recommendation because to be honest when the market start struggling, those indicators are not accurate anymore and it gives me a false information..

Your brain will work good enough then the indicators. Because indicator also made by one person by it's brain. Not only, you struggling at the current market situation. All the people struggling with the bear market. In somecoin, the centralized pattern will works.

wahyu wida

full member

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I only use macd and stoch, for me there is actually no best, the best is where we understand the weaknesses and strengths of these indicators. With us being able to use it, it is hoped that we will get profit consistently with measurable risk.

Serco

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Activity: 1050

Merit: 250

Quote from: bitzizzix on June 30, 2021, 04:55:03 PM

Indicators will work well and produce good results when done by experts or professionals and like most market analysis techniques, one indicator works best when combined with other indicators, or even with other methods.
and it is not easy to use consistent indicators because most will deviate or go off track with the indicators used and even not work.
I personally don't really like trading because it's not easy for me to learn to really become an expert and profitable trader, all I do is buy when prices are low and sell when prices go up and without a set time limit.

indicators combination without basic knowledge in support resistance analisys will be worthless. Most of us only concern on indicators signal , but they forget this tools with have function if follow the basic rules of price movement such as SnR analisys. Many of us only on focus to oversold or overbought level only and careless the price level that contain huge supply or demand.

Johnyz

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Merit: 193

That’s not easy because most of the time on the bear market, the indicators are invalidated especially if there’s a strong selling. We can just set-up the support level, see if its already over sold and if you see a good volume on the reversal candle then that could be your best time to come in. Indicators should complement each other, so find your perfect combination.

bitzizzix

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Activity: 2366

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Indicators will work well and produce good results when done by experts or professionals and like most market analysis techniques, one indicator works best when combined with other indicators, or even with other methods.
and it is not easy to use consistent indicators because most will deviate or go off track with the indicators used and even not work.
I personally don't really like trading because it's not easy for me to learn to really become an expert and profitable trader, all I do is buy when prices are low and sell when prices go up and without a set time limit.

Gozie51

hero member

Activity: 2478

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Leading Crypto Sports Betting & Casino Platform

You have a whole lot of indicators you have listed there and I want to ask if you use them at same time ? They can be confusing like is already much in my eyes and I think much indicators may not contribute so much if the trader doesn't know exactly how to use them , that is why it is difficult when market isn't following up to them. It is difficult to trade because you can't predict direction.

Review Master

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BitByte Crypto: https://link3.to/bitbytecrypto

Quote from: Ararbermas on June 30, 2021, 03:06:33 AM

What's your thoughts? Any recommendation because to be honest when the market start struggling, those indicators are not accurate anymore and it gives me a false information..

TBH, i only use RSI and MACD indicators to analysis the chart for finding out support and resistance levels which are quite accurate. So, it's best for OP to analysis the chart using two or three indicators,IMHO. Mixing all those indicators might not give anyone exact possibilities as few indicators will indicate bullish ,where others might indicate bearish in the meantime.

sujonali1819

legendary

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Need Campaign Manager?PM on telegram @sujonali1819

Personally I don't use all the indicators and even I don't know some are of them how to work. But as I think sometime there is no indicator works perfectly. And this is the time running. There is no stable move happening recently. Better to keep holding this time. And it also better to not opening trade by depending on indicators.

tulusikhlas

sr. member

Activity: 1526

Merit: 252

Quote from: Ararbermas on June 30, 2021, 03:06:33 AM

And these what i use on this current situation.

Williams alligator
Bollinger
RSI
SAR
Stochastic
Supertrend
Macd
Ichimuko clouds

actually the methods of some of the indicators that you have applied are very good, even some of us including myself don't use too many indicators.

As for the points that can be taken, that indocator always has its own advantages, and it can be found by its users.

So far I'm still using some indicator such as:
Bollinger Bands, Stochastic, Zigzag, Linear Regression Curve, and Net Volume.

tranthidung

legendary

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Farewell o_e_l_e_o

Quote from: Ararbermas on June 30, 2021, 03:06:33 AM

Supertrend

Super trend indicator will help you to stay with the trend that is your friend. This indicator is not good if you are trader but very good if you are investor, hodler. As investor, if you see the super trend is bullish, any dip will be chance for you to accumulate more.

As a trader, you need to look at narrower time frame and your actions need to be more quickly with price actions.

leea-1334

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Temporary forum vacation

I only know a couple of those indicators well and I have to say,,, none of them are really validated or invalidated by the week's happenings, or even the past two months. RSI for example does give you alerts even with 1 week of data,,, but it also needs to have big volume backing it up which currently is not happening much with any crypto market right now.

GreatArkansas

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Buy/Sell crypto at BestChange

Very difficult, most of these indicators got different uses, like the RSI, which is only for momentum, MACD is for moving average. And some of them are a combination of basic indicators like you mentioned.

Using these indicators is effective on the different timeframe, so my advice is you select only a few, not all of them, and don't be redundant like if you already using RSI, avoid using another momentum indicator like stochastic RSI or vice versa.

Ararbermas

sr. member

Activity: 1988

Merit: 283

As you can see guy a there's no stable progress after the massive decline in the market and sometimes when it start showings green it didn't last long always wherein after day or two it's always suddenly disappear and turn into red again.
For me because I'm not a professional trader it became too difficult to predict or just to have a clue even you used some of those useful indicators..

And these what i use on this current situation.

Williams alligator
Bollinger
RSI
SAR
Stochastic
Supertrend
Macd
Ichimuko clouds

What's your thoughts? Any recommendation because to be honest when the market start struggling, those indicators are not accurate anymore and it gives me a false information..

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