So good to know we have access to not only online study tools for students but to forums like this one where people share their experience and help each other with different questions. 
Topic: Bittrex studies tools (Read 2548 times)
It is cool that today we have access to the wide variety of platforms and software options that allow us to use different tools and manage our bitcoin issues easily. And, thank you guys for the discussions and advice you give! So good to know we have access to not only online study tools for students but to forums like this one where people share their experience and help each other with different questions.
So good to know we have access to not only online study tools for students but to forums like this one where people share their experience and help each other with different questions.
Hey, guys! I am newbie to trading. Can you help me how the VOLUME under the Studies should be interpreted? When it is tick on there are the same green and red bars, but in addition to that there are some numbers on that. So, what are this numbers?
Thanks for your time
Thanks for your time
Iranus, following the RSI has not been too successful for me. I made small gains but sometimes my losses eat up all or more of my gains and I seem to be always at break even. I also noticed that when Bitcoin is making a big move going up it would be better to hold when the RSI is over 70 rather than selling. Selling at 70 might be the "safer" move but holding pays out more.
I have been doing some trading on Bittrex and the site offers a lot of "Studies" tools-
ADX/DMS
Average True Range
Center of Gravity
MACD
etc...
The one I'm most familiar with reading is Bollinger Bands, the rest are mostly new to me.
Hoping I can get some advice from experienced traders as to what studies you are using and the types of indicators you look for in these tools.
ADX/DMS
Average True Range
Center of Gravity
MACD
etc...
The one I'm most familiar with reading is Bollinger Bands, the rest are mostly new to me.
Hoping I can get some advice from experienced traders as to what studies you are using and the types of indicators you look for in these tools.
Those tools that you are using is familiar to me, but I never use it yet, Lol
Because, WhenI look at the chart especially in the candlestick, with the buy support it is one of my
refference if it is good to invest in or not.
The Relative Strength Index (RSI) is an important one which you shouldn't forget about. It shows when a cryptocurrency or "other thing" is overbought or oversold. It's plotted with a range of 0-100, and 0 is the most oversold while 100 is the most overbought. Usually >70 is regarded to be overbought and <30 is regarded to be oversold.
The Moving Average Convergence/Divergence line (MACD) signals the momentum of a cryptocurrency (or "other thing"). The idea behind it is to compare the short-term and long-term momentum of the market to find out the future direction. Basically it's the comparison of two moving averages, which you can set for any time period you like. For cryptocurrencies you'd want a shorter time period due to the volatility, but with stocks 12 day and 26 day moving averages are common.
The idea behind MACD is that when the short-term line crosses the long term line, it's a signal of future stock activity.
The Average True Range (ATR) measures the volatility. This is a decent article to explain it.
I don't know a lot about the other ones. Good luck.
The Moving Average Convergence/Divergence line (MACD) signals the momentum of a cryptocurrency (or "other thing"). The idea behind it is to compare the short-term and long-term momentum of the market to find out the future direction. Basically it's the comparison of two moving averages, which you can set for any time period you like. For cryptocurrencies you'd want a shorter time period due to the volatility, but with stocks 12 day and 26 day moving averages are common.
The idea behind MACD is that when the short-term line crosses the long term line, it's a signal of future stock activity.
The Average True Range (ATR) measures the volatility. This is a decent article to explain it.
I don't know a lot about the other ones. Good luck.
All the tools are here with us for some reasons. In my experiences, one particular tool with some specific parameters will not work for all the trading pairs. But I suggest you to have combination of more than one tool.
Combination of two different moving averages is working fine for me and spotting concurrences with pivot point analysis along any any tools is effective too.
Combination of two different moving averages is working fine for me and spotting concurrences with pivot point analysis along any any tools is effective too.
I have been doing some trading on Bittrex and the site offers a lot of "Studies" tools-
ADX/DMS
Average True Range
Center of Gravity
MACD
etc...
The one I'm most familiar with reading is Bollinger Bands, the rest are mostly new to me.
Hoping I can get some advice from experienced traders as to what studies you are using and the types of indicators you look for in these tools.
ADX/DMS
Average True Range
Center of Gravity
MACD
etc...
The one I'm most familiar with reading is Bollinger Bands, the rest are mostly new to me.
Hoping I can get some advice from experienced traders as to what studies you are using and the types of indicators you look for in these tools.
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