The major indicators used for surfing: stoploss and take profit.
1.Blinger band
Parameters : (30,2,2)
Rules:
+ Suitable for the market sideways, oscillating waves are not large
+ Buy when price hits BB top
+ Sell when price hits BB bottom
2.MACD
Parameters : (12,26,9)
Rules:
+ Mainly to determine the trend of the market. Forecasts are quite slow compared to real time. Only for reference, should not be used to enter the command.
+ Buy when MACD cut up
+ Sell when MACD breaks down
3. Parabolic SAR
Parameters : (0.02, 0.02, 0.2)
Rules:
+ Used to lock in profits. Use when the market tends to be strong. Absolutely not used in the sidewaymarket
+ Buy when PSAR is under candles
+ Sell when PSAR is on candle
4.Stochastic
Parameters : (14,3,3)
Rules:
+ Buy when Stoch cut to 20
+ Sell when Stoch cut 80
5.RSI
Parameters : (9)
Rules:
+ Buy when the RSI rises to 30
+ Sell when RSI is down 70
6.Ichimoku Kinko Hyo
Parameters : (9,26,52)
Rules:
+ Buy when Tenkan cut to Kijun
+ Sell when Tenkan cut down Kijun
+ Buy when Chikou span cut up BB or candle
+ Sell when Chikou span cut down BB or candle
These are the best indicators to enter when trading. Trading when there are more than 3 indicators with the same signal
All indicators are available at Tradingview.com. Definitions and extensions you can search at Google.com
Below is a chart of indicators for the last five years
(The index is in the Forex market and it shows the profit, the efficiency of the indicator)
Crypto market has a large fluctuation range so the indicators below are for reference only.
(The index is in the Forex market and it shows the profit, the efficiency of the indicator)
Crypto market has a large fluctuation range so the indicators below are for reference only.
Thanks for Reading. GOOD LUCK