I didn't use bot because I'm still doubtful about its capability, personally I'd just use usual indicator like others have mentioned but I generally just follow SMC trading concept.
one thing that I didn't like about RSI though, an asset could stay overbought for really long period and this means making an entry could spell our doom.
in this case I prefer MACD better.
but at the end of the day, the most important thing is managing risks.
Topic: Which bots and indicators are you using? (Read 46 times)
Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?
I don't use bot to trade but choose trade manual so I can learn more about trading. Using bot needs to learn how to run the bot so you still need to learn about trading. It is better to trade manually because you will have a chance to improve your skill in trading. Although I am not good to trade using indicator but I used RSI, BB, and MACD.If we talk about average monthly earnings, that will be difficult because we don't know when we can profits and all of that will be based on our skills. Besides that, it will depends on how the market moves so we can analyze using our skills and we hope we can make a profit.
Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?
I trade, but do not use any votes. In this case, I observe green candles and red candles during trading, which indicate dumping and pumping in the market. Generally speaking these opportunities and the image of the market, current time trading has the most risk because it is not always possible to make a profit in trading.
But if you want to trade then you need to gain experience in trading and market indicators you can trade. Experience is the most effective and risk taking ability must be avoided to avoid greed, because you have to start trading by dealing with the situation and then you have to buy following the pumping and dumping of the market.
Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?
I do not use any bot for trading on the trading platform. I trade without the help of bot. Different traders can use different trading bot it's personal matter but I think trading bot won't bring me any profit in trading platform and also I have no experience of using trading bot that's why I'm not using it.All the indicators that I am using in the trading platform are RSI, EMA, VOL these are some of the trading indicators set in my trading platform but honestly I don't know the proper use of it. But I am trying to know something.
My average and monthly income from the trading platform is not calculated. If I earn from the trading platform, I immediately sell it and convert it to my local currency. But the trading platform is a very risky platform, trading here with little experience will lead to loss in trading. It is always better to take this risky business seriously.
Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?
Currently trying this one https://blazingbot.com/ However, this is probably not the tool for the complete noobie.
I do not use trading bots but I use indicators. The common indicators that I used are RSI, BB and SAR. Indicators are not absolutely accurate. The more you trade the more you will be able to use them in the market.
I do not use bots because I trade manually. Also I set TP (take profit) at times. If you are looking for a means to make money from trading and you want to manually be doing everything, bots are not for you. But if you want trading to automatically, consider learning about bots.
Bots will not let you win more. It may let you lose just like if you are not using it to trade. What makes you make profit in trading is your experience in trading.
Trading is very risky.
I do not use bots because I trade manually. Also I set TP (take profit) at times. If you are looking for a means to make money from trading and you want to manually be doing everything, bots are not for you. But if you want trading to automatically, consider learning about bots.
Bots will not let you win more. It may let you lose just like if you are not using it to trade. What makes you make profit in trading is your experience in trading.
Trading is very risky.
Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?
I use grid trading bot whenever the price moves with specific price range while DCA bots when there is clear trend in the market just like what happened on current price of Bitcoin.
As for indicators, RSI and MACD combination works for me but pattern is my main tool to back my trade. There’s no fixed earnings on my trade since I usually just hold and trade using small amount to avoid missing out pump and also to minimize risk.
There’s a lot of indicators put there but I suggest to use the basic since it’s the most accurate one.
Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?
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