Topic: Most effective indicators? (Read 307 times)
is the Breaking Trending lines from LuxAlgo effective? OP did add this indicator to his favorite, it must be working for him.
if you check the PERSONAL, there are usual names in forex forum who modifies indicators for a living. those guys are hard core traders such as LuxAlgo.
the one that i like using ia just the RSI and MacD. seem enough for a bull run trader 🤭
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None.
TA indicators you mention analyze historic data, this is not relevant to the Bitcoin market.
TA indicators you mention analyze historic data, this is not relevant to the Bitcoin market.
All indicators derived data from historic data. It’s impossible to create an analysis without using the historical price of any market. Unless you are pertaining something that indicators predict the outcome without relying to price history.
Simply chart pattern through candle stick and Elliot wave cycle is enough for me to find a good entry price/exit price. I don’t rely much on indicators since it’s sometimes laggy when use on volatile market like crypto.
Not all indicators can be used in the market and are useful for determining market direction, because the market operates with various factors such as fundamentals or the influence of the ups and downs of the economic level in each country and a person's behavior in investing/buying and selling on the spot market. However, we use what the OP shared very often and has proven to be effective in monitoring market movements. Fibonacci may be what I often use and tends to be accurate, but it doesn't rule out the possibility of inaccuracies.
We must remember that indicators belong to different families, like oscillators, trend indicators or volume indicators, so while it is easy to get overwhelmed by the hundreds of indicators that are out there, selecting one out of each family is often more than enough to create a coherent trading strategy for those that may like to try their luck trying to earn money this way on the markets.So all what is left for an aspiring trader is to try several of the most commonly used indicators, and see with which one of them they feel more comfortable using and then integrate the indicator into their strategy.
Not all indicators can be used in the market and are useful for determining market direction, because the market operates with various factors such as fundamentals or the influence of the ups and downs of the economic level in each country and a person's behavior in investing/buying and selling on the spot market. However, we use what the OP shared very often and has proven to be effective in monitoring market movements. Fibonacci may be what I often use and tends to be accurate, but it doesn't rule out the possibility of inaccuracies.
Candlestick patterns are indicator themselves your ability to identify exhaustion candlesticks at demand and supply zones or at Support and Resistance area give a lot of clues about price reversal or end of a trending market, candlestick patterns like engulfing Bar, morning stars, pin bars etc gives instant indication about the Price Action thus relying on those patterns helps a lot for market entry unlike many indicators which lagged behind the price of the market because they are based from past or previous data, personally I used maximum of two indicators because I focus mainly on Price Action for taking any trading decisions.
None.
TA indicators you mention analyze historic data, this is not relevant to the Bitcoin market.
TA indicators you mention analyze historic data, this is not relevant to the Bitcoin market.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
RSI is sure one of the best instruments I use in terms of indicators, but like I believe you already know and have said, there is actually not best indicator in general terms, different traders tend to learn to use the indicator(s) that works best for them, or in other words, an indicator which when they use, they tend to have more profitable trades than their loses, and in that regard, RSI has been really effective for me, and sometimes, I do add Bollinger bands as well.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
And I think it's worth mentioning that I am not actually a very active trader, I am mucb more focused on buying on the spot market and holding for the long term, most especially now that we are closer than ever to another massive bull run, it's been a very long time I last traded, but when actually I do, the above mentioned instrument is what I make us of.
kind of signals on which you could make use on the moment that it would really be making up some biases in terms of price movement on which of course it wont be that 100% precise but at least
you do have basis on the decisions that you would really be that making. You could really make out some combination with some RSI plus having some bollinger bands or making use of
moving averages on which you would really be that having those entry confirmation but of course it would really be just that depending on how you would really be reading up those things.
On the moment that you would be finding yourself to know on how to make use of these indicators that you would really be that making up that kind of advantage.
Although it wont really be giving out that precise results but at least you do really have those indication when making up some entry or exit.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
RSI is sure one of the best instruments I use in terms of indicators, but like I believe you already know and have said, there is actually not best indicator in general terms, different traders tend to learn to use the indicator(s) that works best for them, or in other words, an indicator which when they use, they tend to have more profitable trades than their loses, and in that regard, RSI has been really effective for me, and sometimes, I do add Bollinger bands as well.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
And I think it's worth mentioning that I am not actually a very active trader, I am mucb more focused on buying on the spot market and holding for the long term, most especially now that we are closer than ever to another massive bull run, it's been a very long time I last traded, but when actually I do, the above mentioned instrument is what I make us of.
kind of signals on which you could make use on the moment that it would really be making up some biases in terms of price movement on which of course it wont be that 100% precise but at least
you do have basis on the decisions that you would really be that making. You could really make out some combination with some RSI plus having some bollinger bands or making use of
moving averages on which you would really be that having those entry confirmation but of course it would really be just that depending on how you would really be reading up those things.
On the moment that you would be finding yourself to know on how to make use of these indicators that you would really be that making up that kind of advantage.
Although it wont really be giving out that precise results but at least you do really have those indication when making up some entry or exit.
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What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
RSI is sure one of the best instruments I use in terms of indicators, but like I believe you already know and have said, there is actually not best indicator in general terms, different traders tend to learn to use the indicator(s) that works best for them, or in other words, an indicator which when they use, they tend to have more profitable trades than their loses, and in that regard, RSI has been really effective for me, and sometimes, I do add Bollinger bands as well.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
And I think it's worth mentioning that I am not actually a very active trader, I am mucb more focused on buying on the spot market and holding for the long term, most especially now that we are closer than ever to another massive bull run, it's been a very long time I last traded, but when actually I do, the above mentioned instrument is what I make us of.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
Go and search for "Moving Average" and put Simple Moving Average in the chart. Click the indicator to edit, and in Inputs change length to 14, then in Source change to ohlc4. Click OK.
If the price goes 10% above the line, then place a bid 5% above the line. If it goes to the other direction below the line, do the same in reverse for short-selling.
I received some messages asking me about the post. To answer them, before I was but currently NO, I'm not an active day-trader, swing-trader, or any "trader" of any sort. I am not emotionally built for that, but that's the indicator that I truly liked the best. Although, I couldn't follow my own rules. Haha.
I'm sounding like a broken record, but I merely HODL and store most of my Bitcoins in cold-storage in an offline computer. I suggest everyone should do that too!
It depends on the capability of the trader people tend to use different indicators which is suitable to their strategy me personally after I understand the use of the MACD and I'm using a day trade before I always check if the chart have a good possible of overbought or oversold so this give me an idea if I will go for a position or not. Also you can use Bollinger bands for other strategy those are just helping tool at the end of the day it's up to the user how they will execute their trades to get profit.
There are many indicators that can be used in trading when we perform any activities on an exchange. Now, we don't agree on which of these we want because, for sure, we have indicators that other traders don't want. We may use indicators that are difficult for others to use.
The indicators that are difficult for us to use for others are easily something like that, because for me, the only indicators that I often use are Trendline, SMA, RSI, and Keltner, and nothing else. There is also a chance that I often only use two of the ones I mentioned.
The indicators that are difficult for us to use for others are easily something like that, because for me, the only indicators that I often use are Trendline, SMA, RSI, and Keltner, and nothing else. There is also a chance that I often only use two of the ones I mentioned.
They all suck because none of them are showing the future. People think looking at indicators can make them guess the future correctly. Indicators can't give you that information, otherwise everybody would use that information and everybody would get rich.
Still though, I use moving averages a lot because why not. I know it is not much different than gambling or fortune telling but I still can't resist. I like to examine charts and make guesses about the future. RSI is a nice indicator too. I don't know much about the rest. I like to keep it simple.
Because there's no such thing, I mean that is the purpose of indicators: for traders to slightly predict and come up with an analysis in the market for the possible price movement. In that way, traders could have a guide on what they will follow with the purpose of earning through their trade. Not just indicators, there are many methods or ways a trader could come up with an analysis that could help them decide when and what position they will enter and for how long. There's no one who could predict the next movement of a certain crypto currency; it will only depend on how the traders predict the possible price movement of a certain currency so that it could be beneficial for them. That is the purpose of indicators, not to specifically predict the future of a certain coin. Anyway, I'm not familiar with the listed indicators by OP, but maybe I'm using a few of them. Anyway, there are a lot of indicators, and the ones listed are just a few of them. Still though, I use moving averages a lot because why not. I know it is not much different than gambling or fortune telling but I still can't resist. I like to examine charts and make guesses about the future. RSI is a nice indicator too. I don't know much about the rest. I like to keep it simple.
It depends on what timeframe you are looking at on a chart but the most common indicators used by traders are CCI, MA, Volume, and RSI. The most effective indicator will depend on yourself on how you analyze it on the chart and through the timeframe if it's working or not.
They all suck because none of them are showing the future. People think looking at indicators can make them guess the future correctly. Indicators can't give you that information, otherwise everybody would use that information and everybody would get rich.
Still though, I use moving averages a lot because why not. I know it is not much different than gambling or fortune telling but I still can't resist. I like to examine charts and make guesses about the future. RSI is a nice indicator too. I don't know much about the rest. I like to keep it simple.
Still though, I use moving averages a lot because why not. I know it is not much different than gambling or fortune telling but I still can't resist. I like to examine charts and make guesses about the future. RSI is a nice indicator too. I don't know much about the rest. I like to keep it simple.
RSI if you like to be a swing trader, seems to be the most effective in weekly charts and this will mean you could also wait for months to make just a few differences. You can still make a profit with just a little capital. Let's say $500 in this kind of market, the overbought and oversold is the only signal to find being a spot trader.
Volume Osc to add something whether there really is something behind the volume.
Relying on the price chart to make an analysis is enough for me. In this volatile market, we don't need multiple indicators to use which only confuses us. I'd rather take time and focus on the hourly market movement than other stuff.
These indicators are just a tool to have at least a better view of the current market situation but as usual, nothing is perfect as losses are still possible no matter what we do, there is no excuse even if we stay long in trading. This is the thing we say that trading is too risky and if we can't understand how it works and are too impatient, this is really not for us.
I focus on the market trend and when the market is uncertain for a next trend, it is risky. After the market confirms its next trend, with a break out or break down, some hours after that, it's safe time to start trading. Because after a big movement in trend, up or down, people will need some hours to stop their panic, then we can know that there is no other extra market squeeze on long or short, and it's safer to start trading.These indicators are just a tool to have at least a better view of the current market situation but as usual, nothing is perfect as losses are still possible no matter what we do, there is no excuse even if we stay long in trading. This is the thing we say that trading is too risky and if we can't understand how it works and are too impatient, this is really not for us.
Use many indicators don't help our trading but it can make us feel we are like genius traders by knowing and applying many indicators at the same time. It does not guarantee that we will be more successful than traders who use simple and less indicators.
Effectiveness isnt that guaranteed but making use of it would really be that relevant in compared into those people who arent that using anything on the moment that they will really be
handling out trading just like gambling on which this is really that absurd.
Relying on the price chart to make an analysis is enough for me. In this volatile market, we don't need multiple indicators to use which only confuses us. I'd rather take time and focus on the hourly market movement than other stuff.
These indicators are just a tool to have at least a better view of the current market situation but as usual, nothing is perfect as losses are still possible no matter what we do, there is no excuse even if we stay long in trading. This is the thing we say that trading is too risky and if we can't understand how it works and are too impatient, this is really not for us.
I focus on the market trend and when the market is uncertain for a next trend, it is risky. After the market confirms its next trend, with a break out or break down, some hours after that, it's safe time to start trading. Because after a big movement in trend, up or down, people will need some hours to stop their panic, then we can know that there is no other extra market squeeze on long or short, and it's safer to start trading.These indicators are just a tool to have at least a better view of the current market situation but as usual, nothing is perfect as losses are still possible no matter what we do, there is no excuse even if we stay long in trading. This is the thing we say that trading is too risky and if we can't understand how it works and are too impatient, this is really not for us.
Use many indicators don't help our trading but it can make us feel we are like genius traders by knowing and applying many indicators at the same time. It does not guarantee that we will be more successful than traders who use simple and less indicators.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
Go and search for "Moving Average" and put Simple Moving Average in the chart. Click the indicator to edit, and in Inputs change length to 14, then in Source change to ohlc4. Click OK.
If the price goes 10% above the line, then place a bid 5% above the line. If it goes to the other direction below the line, do the same in reverse for short-selling.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
If you are looking for the best trading strategies, I advise you not to go for indicators that will be pointing towards the trend of the market directly in one way or the other, but go for the ones that will reveal the market pattern or act as support and resistance. In addition, a simple price action goes a long way in delivering the best results to traders but will do better if such can be combined with support and resistance strategies.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
By using the trendline, Fibonacci, Elliot waves theory and many more, I am sure that the trader can't miss anything here. Notwithstanding, no trader should rely on their trading strategy alone but also on a very good risk-to-reward ratio.
Whether it could happen to have that breakout or would be having that rejection on which this is something which is really that important or something that would really be significant for you to be able to find out.
When it comes on choosing on which one then it would really be just that depending on you on what would be the combinations of those indicators available. It would really be just that depending on you
on how you would really be that making yourself that making use of those things and would really be able to adjust and make up decisions on what you've seen into those indicators.
However, if I were to choose among many support and resistance strategies, I would go for the trendline, although I use others as well, but that is what I mainly use and its simplicity has always been top-notch. There is no way the market signal can slip away from your radar with the combination of support/resistance strategies and price action, and that was what I was trying to explain in the first post.
Still, the Fibonacci, Elliot waves and other trading strategies that have their support/resistance are good, only that many of them may not be so effective or not be able to be adjusted for some short-term trading. For this, I can conclusively say they are not flexible to use regardless of the timeframe used.
Relying on the price chart to make an analysis is enough for me. In this volatile market, we don't need multiple indicators to use which only confuses us. I'd rather take time and focus on the hourly market movement than other stuff.
These indicators are just a tool to have at least a better view of the current market situation but as usual, nothing is perfect as losses are still possible no matter what we do, there is no excuse even if we stay long in trading. This is the thing we say that trading is too risky and if we can't understand how it works and are too impatient, this is really not for us.
These indicators are just a tool to have at least a better view of the current market situation but as usual, nothing is perfect as losses are still possible no matter what we do, there is no excuse even if we stay long in trading. This is the thing we say that trading is too risky and if we can't understand how it works and are too impatient, this is really not for us.
Using different indicators may result in losses or maybe confusion.
but in your process of learning to trade, you will be curiously encountered with many indicators before you find the right one for you to use.I also used to be like that, using one indicator then looking for information on how to use it and video analysis then experimenting. situations like that will be repeated by beginners. indeed, sometimes it goes well but more often it may go wrong.
The more you learn and use it will definitely create confusion. In the learning process, you will definitely experience this. It's better to learn slowly and understand it more deeply.
Those various indicators may help you in your trading activities, however, you won't use most of them. As each alt is unique and has different market performance, you need to understand the fact that it depends on their actual progress of their objectives, if their respective developers are actually sincere in achieving those objectives.
Do take note that if the team will play the pump and dump scheme, such indicators won't be of good use to you. It won't follow any trend as the team has their own plans. Thus, one thing you should do is to keep up with their social media and get some hints on what they are planning. If you feel they are about to exit, better discard your coins and move on.
Indicators you are using are good but with these indicators, you have a lot already. Use more indicators will make you more confusing and less likely make your decisions well.
Indicators are not the issue, but the knowledge to properly use them is the main thing right now. However, the OP has many indicators he uses already. I think the OP should just focus and learn the basics and leave all this indicator because sometimes indicators do not always work properly, so it will be good if he learns even if he is going to use an indicator. Furthermore, if he can use an indicator, he should study it well so that he will choose anyone that suits his knowledge. Using different indicators may result in losses or maybe confusion.Basics are important before advancing but I think he is done with it already because he is now focusing on the indicators. He shouldn't leave all indicators because they are still essential in trading but he can just leave a few of them that are worth it to use and he can handle easily, so that like you said it won't cause him confusion and extra pressure which can affect him negatively.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
If you are looking for the best trading strategies, I advise you not to go for indicators that will be pointing towards the trend of the market directly in one way or the other, but go for the ones that will reveal the market pattern or act as support and resistance. In addition, a simple price action goes a long way in delivering the best results to traders but will do better if such can be combined with support and resistance strategies.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
By using the trendline, Fibonacci, Elliot waves theory and many more, I am sure that the trader can't miss anything here. Notwithstanding, no trader should rely on their trading strategy alone but also on a very good risk-to-reward ratio.
Whether it could happen to have that breakout or would be having that rejection on which this is something which is really that important or something that would really be significant for you to be able to find out.
When it comes on choosing on which one then it would really be just that depending on you on what would be the combinations of those indicators available. It would really be just that depending on you
on how you would really be that making yourself that making use of those things and would really be able to adjust and make up decisions on what you've seen into those indicators.
Using different indicators may result in losses or maybe confusion.
but in your process of learning to trade, you will be curiously encountered with many indicators before you find the right one for you to use.I also used to be like that, using one indicator then looking for information on how to use it and video analysis then experimenting. situations like that will be repeated by beginners. indeed, sometimes it goes well but more often it may go wrong.
The more you learn and use it will definitely create confusion. In the learning process, you will definitely experience this. It's better to learn slowly and understand it more deeply.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
If you are looking for the best trading strategies, I advise you not to go for indicators that will be pointing towards the trend of the market directly in one way or the other, but go for the ones that will reveal the market pattern or act as support and resistance. In addition, a simple price action goes a long way in delivering the best results to traders but will do better if such can be combined with support and resistance strategies.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
By using the trendline, Fibonacci, Elliot waves theory and many more, I am sure that the trader can't miss anything here. Notwithstanding, no trader should rely on their trading strategy alone but also on a very good risk-to-reward ratio.
Indicators you are using are good but with these indicators, you have a lot already. Use more indicators will make you more confusing and less likely make your decisions well.
Indicators are not the issue, but the knowledge to properly use them is the main thing right now. However, the OP has many indicators he uses already. I think the OP should just focus and learn the basics and leave all this indicator because sometimes indicators do not always work properly, so it will be good if he learns even if he is going to use an indicator. Furthermore, if he can use an indicator, he should study it well so that he will choose anyone that suits his knowledge. Using different indicators may result in losses or maybe confusion.
Indicators you are using are good but with these indicators, you have a lot already. Use more indicators will make you more confusing and less likely make your decisions well.
Be simple, focus on trading volume, resistance and support and know that there will be times support becomes new resistance and resistance become new support.
Know risk of leverages and forced liquidation to avoid using leverage with your trading. You will be good.
Be simple, focus on trading volume, resistance and support and know that there will be times support becomes new resistance and resistance become new support.
Know risk of leverages and forced liquidation to avoid using leverage with your trading. You will be good.
(...)
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
Glad that you know there are no "best".I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
So for me, learn first the basics, for example in momentum indicators: Relative Strength Index indicator and Stochastic - both of these are indicators for momentum.
Then you need to check what is your preference that will help you easier to decide and analyze because it's kinda of not good if you use both of them.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
You are the ones who would really be tending to find it out because not those indicators that working on others would really be also working on you on which there would really be factors that would really be affecting overall outcome on which it would really be basing up or according on how you do make out certain decisions. This is why with this kind of question then this isnt something that could be precisely be told on how things should be.I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
Just like on what i had said that you would be the one to mix it up and find for yourself on which one would be profitable for you because each one of us would really be having that different approach on things.
For the sake of answering it out on my own personal experience then RSI + Support and resistance and with some mix of BB or MA then this is something that i do make use.
If you have that experience or knowledge about on what are the usage of these indicators or any other then you could really be able to take advantage of it. Yes, indicators doesnt mean that
they do give out 100% precision but doesnt mean that it is really that shit on making use of it. Having these kind of approach is much more better than on
making some pure guess on which it would really be considered to be pure gambling.
I'm not sure about others but for me the most effective indicators are RSI and Bollinger Bands. When you master those two indicators then you can most probably make profitable trades with the help of those two indicators but you'll have to find understand those indicators fully and master those at each timeframe.
I often use those two indicators in combination and so far my trades have never gone wrong. Sometimes when market faces huge dumps then I prefer to hold my positions for sometime while other times I use stop-losses but so far those two indicators gave me good profits and surely if you master those two indicators then you can also expect some good results from those indicators.
I often use those two indicators in combination and so far my trades have never gone wrong. Sometimes when market faces huge dumps then I prefer to hold my positions for sometime while other times I use stop-losses but so far those two indicators gave me good profits and surely if you master those two indicators then you can also expect some good results from those indicators.
I can't answer this even though i have learned loads of trading stategy ebook and used bunch of indicator. They usually works until they don't. I don't even do manual trading anymore as i only use bot now.
But for a reference i use MA or EMA as even if people said it is lagging i think indicator are self fulfilling prophecy, so i am in profit not because i follow MA but because other people follow MA
again this usually works until it doesnt
But for a reference i use MA or EMA as even if people said it is lagging i think indicator are self fulfilling prophecy, so i am in profit not because i follow MA but because other people follow MA
again this usually works until it doesnt 
Apart from Trendlines, others are lagging indicators and lagging indicators have any of toying with one's emotions. They're lagging because they react after price has left a zone in live trades and only look good and perfect in hindsight. Trendlines or any other lines like S&R (Support & Resistance) or Pivot Points give better assessment than MAs et al. By the way, I like what LuxAlgo has been able to do and is still doing with indicators. That dude is good.
However, whatever indicators we use; we should realize that there's no holy grail in trading. No indicator or strategy is 100% accurate. If one gets any that's even 80% accurate, then one has a killer weapon in trading, so to say.
However, whatever indicators we use; we should realize that there's no holy grail in trading. No indicator or strategy is 100% accurate. If one gets any that's even 80% accurate, then one has a killer weapon in trading, so to say.
The simplest, most widely used and easy to apply for beginners are the RSI moving average (MA) and Fibonacci levels. Mastering these basics will enable you to learn the basics of analysis, especially long-term analysis, and with days and experience you can customize the appropriate indicators for daily analysis or alternative currency trading.
I also recommend that you read @ImThour[1] posts. His posts indicate a person who loves to spread knowledge and has a lot of neutrality, so you will learn a lot from them.
[1] https://bitcointalksearch.org/user/imthour-2775128
I also recommend that you read @ImThour[1] posts. His posts indicate a person who loves to spread knowledge and has a lot of neutrality, so you will learn a lot from them.
[1] https://bitcointalksearch.org/user/imthour-2775128
Try and use the indicators one by one and see how they are. But at least you can use two indicators at a time. One which can be primary like MA, EMA or BB while the second can be secondary like RSI or any oscillatory indicator. The third indicators which some traders may not consider but I have it which is trading volume.
One thing about indicators is that they can help but they make trading to be like gambling if you do not use good strategies with it like not going above 1 to 2.5x leverage and others. Leverage for instance, increasing the leverage is very dangerous and can result to huge loss. No indicator is completely accurate because nobody can predict 100% of what would happen in the future. Indicators can help you to like 60% but the 40% inaccuracy is enough for traders to lose than make profit. You need to apply other strategies to have a profitable trading pattern.
Always know that trading is very risky. Use the amount of money that you can afford to lose to trade.
One thing about indicators is that they can help but they make trading to be like gambling if you do not use good strategies with it like not going above 1 to 2.5x leverage and others. Leverage for instance, increasing the leverage is very dangerous and can result to huge loss. No indicator is completely accurate because nobody can predict 100% of what would happen in the future. Indicators can help you to like 60% but the 40% inaccuracy is enough for traders to lose than make profit. You need to apply other strategies to have a profitable trading pattern.
Always know that trading is very risky. Use the amount of money that you can afford to lose to trade.
What are the top effective combinators for good entry and exits with little loss and that can give good ROI.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
I know that there are definitely no "best" indicators for all markets, but you could as well share how you have been going along with your trades and how we can learn from it easily. I am open to suggestions and corrections as well, I don't want to use too much, because I have found too much of them on Tradingview already.
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