Topic: Trading indicators - page 2. (Read 433 times)
Not a pro in trading and just using the basic tools available in the platform that I’m using. Since I do shorts most of the time, I just need to use MA and RSI to see the possible trend and to know my possible entry. Trading can be more complicated if you use a lot of indicators so just use what’s best for you and maximize it. Also, many forget to focus on the volume and price because of too much lines on their chart already, I believe on their importance so better to have a clean chart as much as possible.
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
In my case, when the MACD line met the signal line side on the top that is my indicator that there is a bullish signal, determining the market is good and the color is green. I am sticking to on one trading indicator and never using another one because I know it will be hard for them to mix up.
I’m currently focus on this indicators because they seems to be more effective for me.
1. RSI
2. MA
3. MACD
Volume and price should not be forgotten as well, they are very important in your trade analysis and with that, it can help you more on your trading strategy. Spend more time with your strategy, trading takes a lot of work and sacrifices, if one indicator didn’t tell the signal then try to use the other and it might work.
1. RSI
2. MA
3. MACD
Volume and price should not be forgotten as well, they are very important in your trade analysis and with that, it can help you more on your trading strategy. Spend more time with your strategy, trading takes a lot of work and sacrifices, if one indicator didn’t tell the signal then try to use the other and it might work.
EMA, RSI and FIBO - These are the indicators I’m using every time I trade to see the actual trend and help me decide on my trading decision. Having this indicators can be a big help and it’s not that complicated. All you have to do is to put it in a right place, and have your analysis more easy and understandable. Trading is more fun if you’ll draw some line on the price chart, it’s challenging but you have to use indicators that can confirm your analysis, this is the only way to stay consistent in trading.
Currently, my favorites are the
1. Fibonacci retracement
2. MACD
3. 200 Day and 50 Day EMA for long term technical analysis
4. Sometimes i peep into RSI
1. Fibonacci retracement
2. MACD
3. 200 Day and 50 Day EMA for long term technical analysis
4. Sometimes i peep into RSI
Two EMAs and RSI are the two major cryptocurrencies indicators I regularly used the former indicator to determine the price trend will the latter is used for confirmation of my trades by plotting divergence on the chart, though technical indicators do lag a lot thus I layed more emphasis on candlestick patterns using Price Action, personally I hate using different varieties of indicators on my chart because it's going to cause a lot of confusion and distractions that was why I kept my chart with just two indicators by keeping it simple
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
What's the top 3 trading indicators you are using
RSI, Volume and EMA are my top 3 indicators. I've been using those since I started to learn about trading and became my bread and butter during my newbie days to make some money to it. For me, there is no need to use many and complicated indicators. As long as you are able to do trading profitably, basic indicatos are already enough. It's also less stressful because your judgement will not be mess up by multiple indicators.
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
Support and Resistance Line - You could really make out some presumptions on where price would bottom or peak out.
RSI- Trend change indicator, go for biases and confirmation specially looking for divergence.
BB- Look for crossing and squeezes yet those are really indicating for possible change movement
and
EMA- Same as BB, but there are different EMA's on certain timeframe.It doesnt matter
but these are the indicators which i do commonly use.
RSI, EMA, and the basics, like candle patterns and resistance and support area. Those are only the basics and easy to understand indicators that you could use. I stick to that since the beginning because it fits me, I understand it so well. Though, it might be a different thing for you, because it's all about trial and error when it comes to indicators.
I tried to use other indicators way back then but it just confused me so I get back to the old ways.
I tried to use other indicators way back then but it just confused me so I get back to the old ways.
Just the basics. I don't want my chart very messy, I'm avoiding indicators that I really don't use.
Stochastic Relative Strength Index(RSI) - This is my momentum indicator, for identifying strengths and weaknesses.
Exponential Moving Average (EMA) - The name says it. I am using this with a combination of trendlines, like support and resistance.
Stochastic Relative Strength Index(RSI) - This is my momentum indicator, for identifying strengths and weaknesses.
Exponential Moving Average (EMA) - The name says it. I am using this with a combination of trendlines, like support and resistance.
Volume profile VPVR. Volume is like blood for human body and the market need to have capital flow in that is shown in voulme.
Average True Range ATR. It measures the level and time for next potential big movements.
Chande Kroll Stop. Explore it yourself. It is better than Bollinger bands.
Sum up, investment is better than trading. To trade successfully, you must have good skills and are very disciplined. It takes a lot of time from you too. More important, trading results in more pressure, more headache than investment.
Average True Range ATR. It measures the level and time for next potential big movements.
Chande Kroll Stop. Explore it yourself. It is better than Bollinger bands.
Sum up, investment is better than trading. To trade successfully, you must have good skills and are very disciplined. It takes a lot of time from you too. More important, trading results in more pressure, more headache than investment.
SMA, RSI and Bollinger band these are my key indicators. I use them all the time as the suit almost all market structure. For trending market i prefer combining trend lines and SMA then RSI. For accurate check on market volatility on a certain trend Bollinger band does the job perfectly. Before now my candle stick does the main analysis this indicators serves only as confirmation to whatever analysis done with candle stick.
RSI are really good to know when to wait for a trend so as to avoid trading an overbought or oversold region. Sometimes SMAs give wrong signals especially the 20 Day-SMA during consolidation at overbought and oversold regions. Knowing how to combine this indicators can be helpful if the are properly read and understood.
RSI are really good to know when to wait for a trend so as to avoid trading an overbought or oversold region. Sometimes SMAs give wrong signals especially the 20 Day-SMA during consolidation at overbought and oversold regions. Knowing how to combine this indicators can be helpful if the are properly read and understood.
Support/resistance volume confirmed breakouts.
RSI to find oversold/overbough territories
And one of my creations - bear market bottom indicator - being bad news resistant. When bed news hits market and price is not hitting new lows, in fact it bounce back to pre-news levels ... it means that weak hands are gone.
Called the bottom in 2019
RSI to find oversold/overbough territories
And one of my creations - bear market bottom indicator - being bad news resistant. When bed news hits market and price is not hitting new lows, in fact it bounce back to pre-news levels ... it means that weak hands are gone.
Called the bottom in 2019
I'm very bullish for bitcoin since finally it is bad news resistant. That's the first indicator of the end of bear market
We had CBOE delisting news without any dump (i know its not bad news but look at it from lambo investor perspective. All of them was waiting for bakkt and btc etf and ... bum bitcoin is being delisted from cboe) It was, in my opinion, fud producing news and should dump bitcoin).
We had "bitfinex print 850 MM" news and only 3% dump? Under resistance? We should see dump at least 10% without this news simply from TA (fighting with very strong resistance, resting from 60% pump) had we had 3% dump with this news.
We had binance 40MM hack and next day we have break 6k resistance.
We had CBOE delisting news without any dump (i know its not bad news but look at it from lambo investor perspective. All of them was waiting for bakkt and btc etf and ... bum bitcoin is being delisted from cboe) It was, in my opinion, fud producing news and should dump bitcoin).
We had "bitfinex print 850 MM" news and only 3% dump? Under resistance? We should see dump at least 10% without this news simply from TA (fighting with very strong resistance, resting from 60% pump) had we had 3% dump with this news.
We had binance 40MM hack and next day we have break 6k resistance.
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
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