Topic: Trading indicators (Read 387 times)

The 200 Simple Moving Average is usually adjusted on the platform incase for people who don't know about that. How it is done is to go to the setting of the SMA maybe in the properties and adjust to the figure you want. I observe that the higher the figure then the more reliable it can appear but not that it is totally reliable because no indicator is. On RSI indicating exhausted direction, sometimes it takes more time and that can really delay or deceive traders that are not patient.

Using and determining trading indicators depends on what strategy will be used. For example, if I want to use the Swing Trading strategy, I prefer indicators

- Moving Average (MA)
For novice investors, it is recommended to use the indicator for SMA swing trading because its application is quite easy. Actually, moving averages can be adjusted as needed, however, the standards that are often used are MA20, MA50, MA100, and MA200

- Moving Convergence Divergence (MACD)
a new version of the moving average (MA). The presence of Moving Convergence Divergence (MACD) allows detection of the trend's tendency to reverse direction.
This version serves as a trend confirmator and can help traders prepare for changing circumstances while also encouraging potential opportunities in stock trading. However, in its application, MACD is quite slow to process data analysis. Therefore, it is recommended to use other technical analysis in order to supports the use of MACD.

- Price Action and Volume
Price action and volume is an indicator for swing trading that shows the highest percentage increase in stock prices. Price action can be understood as the cornerstone of technical analysis. Meanwhile, volume confirms the strength or weakness of price action so that the continuation of the trend can be identified.

 For trading strategies such as scalping I use a combination of different indicators.
 - Moving Average (MA)
 - Bollinger bands
 - Stochastic (RSI)

You said BB always works, you also said it may not work sometimes because you will think it is going one direction but go opposite direction. Which means it does not always work. No trading indicator that is existing that is always working, a trader has to back up the trading with other strategies to help if a trading indicator fails. I have noticed that out of 10 times I have used BB, it can fail at least, 2 times and if I do not have proper risk management, it can take almost all my profits aways at once.


Almost all indicators I have used are good for investing, but investing just depend on the time range of the candle stick chart. The 15 minutes for scalpers, 1 hour and 4 hours for day traders, 1 day candles for swing traders while anyone that wants to invest can use 1 week and month chart. This can be sed with BB, EMA, RSI and many other indicators.


I use it with BB and they are very good indicators if used together. It is good to combine two indicators together. One of the main ones like MA, EMA, BB can be combined with RSI or other oscillating ones.

Indicators that I often use in my trading and for proper market analysis is the 200 Simple Moving average, Used to properly determine trend direction and sometimes acts as a support and resistance.
The Relative Index strength (RSI) this helps me to know when the market is getting exhausted or point of interest POI.
The Fibonacci retracement, Volume indicator and stochastic ossilator.

Ichimoku is an indicator that traders hardly use because it is difficult to understand and a trader trying to teach this indicator have to do alot for the lesson to be understood. I understand it has to do with interpreting the cloud that forms in it from time to time depending on how the price moves but surely not easy to understand and it is not a clear and simple indicator.

These are my favorite indicators and what are used in my automatic trading
1. Bollinger Bands
2. Relative Strength Index
3. Average Directional Index

This would help me identify the current direction and how much I would increase in my trading limit and possibly reduce risk for increasing my profit potential.

Just give me leading indicators of:
1. Trendlines
2. Support and Resistance
3. Candle Pattern and Price Action
Then I might add a fancy indicator like RSI to check for momentum.

However, beyond all the indicators, if a trader's emotion isn't controlled there's little or nothing the best of indicators can do to make them become profitable.

My simple way of answer to this is I never use the indicator for the crypto currency trading.Because the people using their own money,So risk is their own.Why should you gain or loss with some one strategy.It’s not a fair enough loss,if you had loss the money so.If you gain,it’s not a problem at all.Some legit traders ,don’t like the profit from other tactics.Till date,I had traded over 2 bitcoin and all the bitcoin was trade based on my own ways tactics.

there are very many trading indicators but the ones I always use to trade are MACD, RSI and MA,
yes I'm not a good as other traders, but I'm really comfortable using these indicators.
I'm sure all traders here also often use this indicator.

I'm still learning much about using RSI, MACD, and Bollinger Bands because I think they can show where the market is going. But I still often have trouble seeing or researching the market direction and that's why I'm still learning. I am not a pro trader and still need more time to understand, even though I have been trading for a long time. These three indicators helped me analyze the market and although I often miscalculated the direction the market was moving in, they still helped me.

• WMA (Weighted Moving Average)
• SMMA (Smoothed Moving Average
• Stochastic

These 3 indicators are that I find is really easy to understand when I was really new at crypto trading and I can actually use it rightaway on my first attempt in crypto trading which makes a decent profit until today although like the other strategies and combination of strategies out there, you will suffer for some losses there and there but I would say I'm pretty comfortable with it.

1. BB
2. RSI
3. MACD
4. Support and resistance lines

This is important when you do rely on technical analysis and just like the rest been saying that there's no assurance that we could really see anytime some news for us to
take or make use.

This is why you should really be that versatile on making up some switch up whether you would really be that using technicals or fundamentals or doing both.
Its up to someones preference or analysis.

To trade on a trading platform one must follow every signal and know about the signals.There are many people who do not follow these signals and can never tell what a signal is People who are not aware about signals and trade without using signals but most of the time lose their money on trading platform.But mostly people use indicators in trading platforms.RSI, MA, VOL these three indicators are commonly used by people.

Trading with indicators is not really that much different neither. In the end you are trading something that is going to be very very difficult for you to handle, and indicators do not really care about what you are doing at all, they show you what is expected, but it is not really that common for crypto to do what is expected, and could result with exact opposite of what it should do.

This is why I am not entirely sure if we are going to be getting a great result with indicators all the time. It is obviously much better to use them instead of just using nothing and buying because you feel like it, but just because you use indicators, do not expect great returns.

Trading without any basis simply just pertains about doing gambling since you dont have any basis on why you had made out such decision? Market could really be that too reactive when it comes to news

but we know that not all the time this market or place would really be having events, which simply means that you would be ending up on using technical indicators which is really that relevant for this career.

You cant really just make out decisions and make out conclusions without having analysis and as said, it is really just simply gambling if you do this on this way.

Trading without indicators are mostly more on guessing which can result to a big loss to you.
I do trade with a lot of indicators to compliment each other and I don’t focus on the three, though common indicators are RSI, MA, EMA and the other can help you with your target analysis. Use more indicators if you think you get the wrong signal, spend time with your analysis.

Bollinger Band always works, and Weekly MA is not that bad neither. I feel like I do not need a third one, if you really check what’s going on, these two will be hit one way or another if there is a good buying signal, but that doesn't mean that it will work for you, sometimes it looks like it’s going one way and then goes another way so you should always be careful about what’s going on.

These indicators are great for when you want to invest, but sometimes you end up failing on them as well if you are not careful and that’s an important thing. I personally feel like BB has been king for me for many years now, but even that fails time to time.

The three indicators you listed are very popular and I think that is because they are the most easiest and perfect for those who are getting started in trading but once you feel that you are used to them, you might also want to try out other indicators and see if they what benefits they can bring. Who knows? Maybe they work better than the previous one.

Hard indicators won't be hard for no reason and maybe they are truly more rewarding? It was like those "more risk more reward" stuff's. Learning hard and risky things will make you grow you as a better person and once you accomplished them, you will view other things more easily.

I don't think so because if your trading platform is blank you can't have any direction to follow or at a time to exit. It is just like flying a plane without direction, you are bound to crash.



If you add support and resistance line , I am also good to go with this myself. Candle pattern and formation are very important in trading. I rely on it most of the time in my trading.

Indicators are very important as it serve it's purpose and I hope that every trader is using indicators for their own analysis and not will just depend on any trading signal. I personally having a hard time to use many indicators because I easily get confused if my chart is compose of many lines and indicators, so I only focus with the Price trend, the MA, and the RSI for me it works, as simple as that. Is there any trader here that makes profit even if not using any signal and indicators?

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.

^In my own, RSI and MACD are pretty common indicators that I used even with my friends in trading.
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.

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

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

MA, EMI, VOL I am using these three trading indicators in my trading platform.I have been involved in trading platforms for a long time but I always start trading on trading platforms using these three indicators.And although there is a need to use all the other indicators, I don't see that much need as I can get trading done with just these three.

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.

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.

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.

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.

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.

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