How i reaction about signals | Bitcointalksearch.org

TheGreatPython

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

According to your bio you’re a student that is still struggling to make ends meet. Don’t you think it’s best to look for something else to do than trading?

But if you decide that trading is a thing you should be doing then you should study it, if you can make out time for it, since you’re a student.

The way I am seeing it, if you just become a trader you will be losing money now that you have no experience. It is not easy thing to do, so don’t take the risk if you don’t have money and the knowledge for it. I am just trying to advise you, but it is still up to you on what you want to do. Saying this because you don’t have any knowledge about it. This forum is not enough to become a trader, you have to learn from the right source.

kesmex

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

very lucky you have software like that, did you buy it ?, maybe you can share it here Grin

, if you may,
for how to trade you have to make sure the time frime 4h and 1d are worth buying, because the longer the time frime, the more accurate the analysis

tbterryboy

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Quote from: flyx on May 27, 2020, 03:23:43 AM

I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision

It is always a good practice to go for checking on different timeframe for identifying same kind of signal because when we are having multiple confirmation across timeframes then the possibilities of strength of that signal is more. When different technical analysis tools are saying same entry-level then we can simply go for it without any hesitation. Same will be a applicable even for different time frame based signals.

I have a good track of success in my trading just because of having multiple different technical analysis. Because my tutor has trained me to go for more than one technical analysis at a same time for one particular trading asset. This gives me more confident about my signal generation methodology which eventually leading to sustaining success for me in trading.

Etranger

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

Technical indicators alone are not enough, no matter what time period you analyse. I believe they only demonstrate trend direction, the probability of their justification is about 60%. Depending on how often you trade, you should pay attention not only to technical indicators, but also to draw your own charts with the support and resistance trend lines, middle line etc. Visual information reinforces technical indicators and provides a more accurate forecast.

dragon695

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Quote from: Mehedi72 on June 14, 2020, 09:25:38 PM

Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

I would like to Congrats if your software works properly. But signals at 5m, 15m aren't good cause signals may goes wrong. You should select H4 time frame. But all signals are not good. Shouldn't depend on signals, Check personally

True! Depending on signals to trade just like depending on others to make money for you! And you know, there's nothing like that. You should invest your time to study and learn knowledge, skills, techniques to analyze the market by yourself. As a result, when receiving signals, you can check it by yourself to have more confidence!

Mehedi72

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

I would like to Congrats if your software works properly. But signals at 5m, 15m aren't good cause signals may goes wrong. You should select H4 time frame. But all signals are not good. Shouldn't depend on signals, Check personally

Slow death

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

you should not touch things that you are not sure about, in the case of trade it would be better to take some time to study technical and fundamental analysis and after practicing with small amounts of money you could start use bots as helpers, remember that bots are created by people and you shouldn't trust too much on bots and you shouldn't be dependent on bots

Quote from: Lakai01 on June 02, 2020, 08:31:59 AM

How I react to trading signals:

I followed every trading signal during the 2017 Bull Run, mostly with the consequence that I lost money. As a warning to myself, I still have 100 XRP in my portfolio, which I bought for $2.50 at a "100% signal".

I remember that at the time in tradeview several analysts said that XRP would reach 5 $ easily, I don't know if they really did technical analysis, but the price of XRP never reached $5 and today it is below $0.3

Lakai01

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How I react to trading signals:

I followed every trading signal during the 2017 Bull Run, mostly with the consequence that I lost money. As a warning to myself, I still have 100 XRP in my portfolio, which I bought for $2.50 at a "100% signal".

Assface16678

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I'm not using a trading signal with the use of software because it is quite risky because they have access to your trading platform. But instead, you can use with the trading indicators because it is easier to use one of the most thing I recently use is the Bollinger bands and the because it is easier to tell if there is a movement about the market price of the coin like in MACD when the signal of the MACD line touches the signal line there are changes will come on the market trades like uptrend or downtrend. Next is the Bollinger band when there is changes on the line and does not touches the line there is chances coming and vise versa. It is better to use the trading sinals than using the trading software that notifies your account if there is a movement on the market because sometimes the developer has still access to your account and can manipulate your trades.

Quote from: maxreish on June 02, 2020, 03:30:45 AM

Im still confused. You wanna mixed all the signals you are using to be profitable in your trading? What software bot are you using so we can guide you? If that software is really effective on your trades, stick into it. Or if you wanted to add some basis to confirm your signal, other technical analysis. And I do hope you know how you can use that time frames since there is a signal on each time frames.

Sometimes there are some trading signals that is the same result which is a not good effect on the trading signal because instead having the different perspective you can use different kind of signal to prevent have the same result.

maxreish

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Im still confused. You wanna mixed all the signals you are using to be profitable in your trading? What software bot are you using so we can guide you? If that software is really effective on your trades, stick into it. Or if you wanted to add some basis to confirm your signal, other technical analysis. And I do hope you know how you can use that time frames since there is a signal on each time frames.

harizen

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

As far as my understanding is correct, the software just tells what's the status of buy/sell on a given timeframe, not to tell literally what a person should do. If I'm wrong here and OP meant is actually a signal software, don't follow any signals it as it will just lead into confusion. Just take note of the buy/sell stats or any indicators they will share with you as reference.

Your question is tough to answer. You need to determine your comfort zone about entering a certain timeframe. But since you are doing an actual day trades, why not just manually do it and give your time doing it. For newbies, it's not advisable to enter day trading in their early phase of doing trades. Gained knowledge first from doing the usual trading and become used to buy low sell high method then slowly climb to advance learning.

Kelvinid

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

Now, I was looking for the effectiveness of your software to capture the possible market changes. 4hrs time frame is definitely far and we know how volatile we are. If you are focusing on trading and have it worked every day, 5m, 15m is good to be. But when you are in trading, not only the possible upcoming you have to look by but also consider the previous market changes. We can't actually see the coming changes, even though we have that trading signal or any tools to used but still, it will not warrant anything.

wozzek23

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Quote from: flyx on May 30, 2020, 03:23:46 AM

-It seems the most traders believe 1h is best for day trading , but as 1h shows action of past hour so it wont guarantee for trading because maybe at current hour market goes opposite , so how you manage it ?!

We cannot do anything when market suddenly goes opposite. Usually markets will react to news which could be the most probable reason where all your technical analysis may end up in vain. For this reasons, my friends in forex trading do avoid open positions on news hours which may not be possible for crypto trading as we do not have influencing news hours regularly.

Usually all technical analysis are based on past hours hence nothing could be done about sudden changes except accepting stop-losses. So, no big science is needed here to manage such a situation you have mentioned.

I do trade based on 4hrs charts. The longer duration you take to penetrate the markets, the more cleared idea you will get because with longer duration based charts are usually free from noises. Noises means short term trends which are good only for scalping and not for other types of traders. So, you may choose your charts duration based on your trading strategy. If you try to catch a short term trend then you may follow 10 or 30 minutes chart too.

Utoy101

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Quote from: flyx on May 27, 2020, 03:23:43 AM

Hey guys
I have a software that will notice me about strong buy/sell signals at 5m 15m 1h 4h time frames ,
As some of you are pro traders ,My question is how mix these signals together for getting better results , I mean all be strong to enter game or mix of them , which one is better for enter , how strategy them for decision
I appreciate you to guide me for making few dollars

Just like other members pointed out, it's obvious you used a translator to translate your write-up from your local language. Well that isn't bad at all so far you are able to pass across a message and from what i could gathered, you have a new app or software that will notify you about market signals and you asking the pro traders around here how they do make use of trade signal and their own initiatives perfectly. Left to me, signals are really good when it comes to trading, however they are most suitable to the person that gives the call which cobtributes to the reasons why you have to use your on instinct to work on the signal to make it suitable for you both psychologically and financially

Mahanton

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Quote from: flyx on May 30, 2020, 03:23:46 AM

-It seems the most traders believe 1h is best for day trading , but as 1h shows action of past hour so it wont guarantee for trading because maybe at current hour market goes opposite , so how you manage it ?!
-Which indicator is best ?
-Ii seems 5m sucks , it has many fake pums/dumps and deceive me Sad

I remember dialog at wolf of wallstreet movie between jordan and his teacher , "he said who knows market will go up or down , Only brookers make profit" Undecided

Brokers particularly means about traditional markets like forex and stocks but i do agree with the link about that no one knows on how the market moves on next minute,hour,day.
1h is good for day trade but someone said earlier that it do really need up some confirmations on other time frame.If we do able to check out that it do somewhat follow
a particular trend then high likely it would really go into that position or level.Scalping is a different matter because we would really need to have that fast eyes
and decision making yet every second is really important on sipping out potential profits.

CarnagexD

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Today to win with the use of the trading is the trading indicators this may help a lot to their users what are the next movement of the coin and for me, as trading is I used the Moving Average Convergence Divergence (MACD) and the volume of the market because it is easier to me what is the next activity of the coins. Like in MACD it is better to see if the market is moving up or down because of the MACD line and Signal line once it becomes tangent there is a movement or action that will come out.

Quote from: ?? on ??

I also don't trade counting on the trading signals they are doing not always give the proper signal. albeit the signals are correct the crypto market is the occupation in the other direction. therein case, there are many risks Understand the difference between seconds and minutes When trading we don't follow any bots or signals and trade by checking the market well.

We all know that trading is full of risk if you don't want to risk a high market value you cannot get a higher profit too life is full of risk and one of the most successful is the one who wants to take a risk more. Also, it is better to keep updated about the trading signals because it may help you aware and avoid getting too much loss you can also get an idea about the news and articles related to the coins.

flyx

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I am a student

-It seems the most traders believe 1h is best for day trading , but as 1h shows action of past hour so it wont guarantee for trading because maybe at current hour market goes opposite , so how you manage it ?!
-Which indicator is best ?
-Ii seems 5m sucks , it has many fake pums/dumps and deceive me Sad

I remember dialog at wolf of wallstreet movie between jordan and his teacher , "he said who knows market will go up or down , Only brookers make profit" Undecided

michellee

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I am curious about what software you use. Can you explain to us about that so we can give more answer to you?

For me, 5m is for scalping if the price can move so fast, 15m to buy and sell but not like scalping, 1h 4h time frames is to check on how the price moves. If at that frame, the price is good to trade, I think we can try to buy or sell, and that will depend on the trend. That is for manual trading.

And if you want to use any bots, I think you need to read the manual how you can use the time interval at the market for the bots so you can know what you can do. That will help you to set the bot so the bot can run based on the market. But remember, the market will always move so you might need to set the bot more often.

crwth

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In my trading bot, I use two different timeframes.

1 minute
1 hour

I use the 1-minute timeframe to check the possible pump and dump scenario and react fast on it. While the 1-hour is for the trend direction to make sure that I'm on the right side (buy-side/sell-side), this is helpful when you are using a trading bot to prevent wrong positions and making sure to take profit when there is one.

pankaj1234

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Trading signals I don't like to go with them. This is absolutely false to gain in market because it is premium based, Where some premium channels are looking to make money. If premium channels know that which coin will go up then they can give total money to that coin to earn big profit but then will earn money from signals because they know that market is not in anybody hands. So I think trading signal please avoid this. Do your own research about any crytocurrency and then invest in that.you will get profit for sure.

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