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Topic: Can someone please help with most successful technical indicators? - page 2. (Read 320 times)

hero member
Activity: 2982
Merit: 610
Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.
Of course, you can't find a valid answer because even old traders could say that no trading indicators assure profit. With their long trading experience, they could say that trading indicators are not the only thing that would help a trader to succeed but also, their decision-making and strategies. I hope you don't mind OP but the truth is that there is no such indicator to be found. What we can do is try all these indicators available and take a record of which of them gives you positive results. Then that is what you have to use in all of your trades.
hero member
Activity: 1722
Merit: 801
There are no perfect successful technical indicators for all traders. Trading is not profitable for all traders and each trader will be able to use one indicator better than others but that trader can not use other indicators well.

It relates to individual characteristics of that trader too. You will have more loss if you trade in short time frame and if you trade with longer time frame, you will reduce inaccurate trading positions. You also will open less trading positions, that is one of ways to control your trading, emotion and reduce loss.

Pay attention on resistance and support. Don't trade when price moves up or down to around resistance and support. You can not know how price will go up or down around support and resistance.

Don't use margin.
legendary
Activity: 2534
Merit: 1397
For me, there are no perfect or successful indicators. Every indicator comes with a different purpose or use.
There are already a lot of indicators right now, some are already advanced but these advanced indicators are only based on the core indicators, that's why I can say it is always better to learn or focus first on the basic indicators.
full member
Activity: 239
Merit: 200
Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.

The fact that you have tried some indicators and they did not work as well as you wanted is enough to make you believe that using your own knowledge is the key way to succeed in the market. Although there are some indicators that are legit, how sure are you that they will always give you the result you want? So in my opinion, it will be more beneficial and profitable if you use your knowledge and skills to trade, not until you use indicators, because I think indicators are just like signals; they don’t always give good results. 

At least to me your approach is wrong, there is no indicator that can tell you with a high accuracy which way the market is moving, as most traders use a combination of indicators to create a strategy that can make them profits on the markets.

Yeah. These things are not 100% legit. Getting your own strategy as a trader is the main thing because indicators will tell you what to do, but when you have the knowledge and skills, you will know what to do and you will be able to handle the market in any situation, unlike indicators that, once you set them up, if the market goes another way, they won’t follow and analyse the market for the user; they remain like that at this point. I think the user has lost, but if it’s your own strategy, you will be able to handle it. 
hero member
Activity: 2814
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Bitcoin is GOD
Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.
At least to me your approach is wrong, there is no indicator that can tell you with a high accuracy which way the market is moving, as most traders use a combination of indicators to create a strategy that can make them profits on the markets.

However even then there is no indicator that we can say is better than the others, you must know that indicators belong to families, like volume, trend or oscillator indicators, so you can pick one indicator out of each family and try to build out a strategy out of them.
copper member
Activity: 2198
Merit: 1837
🌀 Cosmic Casino
It all comes to your trading strategy. Very many factors affect the win rate such as the time frame you are trading, what your stop loss and take profit is, what your risk reward ratio is. So we can't definitively say that one technical indicator is the most successful without taking into consideration most of the factors. So I would say win rate is dependent on the way you trade, regardless of the technical indicator used.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.

You see the basic indicators displayed on exchange, they are enough to help you enjoy trading, too much of it will make your trading not smooth because some lag and some are pre-active. In a situation where you are using the two together, you will even be confused of what to do whether to exist or to stay in a critical situation of the market. Furthermore, indicators might can give you signal that you want but some of the time, the are very wrong. Just make use of MACD together with RSI and make sure you use Exponential moving average too and you are good to go.

A good trader don't make use of indicators that much, there eyes are clear to know market direction with some trend lines, support and resistance and little sprinkle of time frame they can switch on to get good angles and views of where the market of going next.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
Indicators are not 100% accurate. They can help and also fail you. Have other strategies to help make your profit to be more than losses. I have used RSI and BB and they are good indicators. You can also learn about Fibonacci retracement which is very good.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
If you really want to have a proper indicator then try to master a single indicator fully and that single indicator will be enough for you. You may go with basic indicators like MA, RSI, Bollinger bands, and MACD.
Those are more than enough for you because most high level traders use those indicators and they have good winning rates.

Practice an indicator in theory for sometime and when you're fully okay with it then start trading with it. Try to use stop-loss and take profit with during trades by following any of the indicators, the ones gives you more take profit is enough for you to have some profit overtime.
hero member
Activity: 1652
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Catalog Websites
Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.
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