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Topic: Which indicators you use? (Read 832 times)

full member
Activity: 672
Merit: 158
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 30, 2023, 01:58:39 PM
#65
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.
Actually Sometimes i use EMA 50 also. But most of the time i dont use an any indicators. I think without indicators i Couldn't trade, It is rong idea. Because i am trading without indicators and my wining ratio is very well. I think without indicators my 75-80% coustome.so i still believe that indicators no need for me. So i will not use indicators. without indicators my trade also well. So i am not working with indicators.
full member
Activity: 1442
Merit: 116
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June 30, 2023, 02:40:12 AM
#64
I usually don't use any indicators for trading. I try to trade with small amount of money. By trading I try to gain experience about trading rather than making a profit. In this case, I follow various positive and negative news about the market. If we see positive or negative news about a particular coin, I usually trade based on the positive and negative news. Right now I am doing trading with small amount of money and by doing trading with small amount of money I am getting enough experience about trading which will help me to become a full time trader in future.
to become a fulltime trader I think it requires good knowledge and experience, I think just observing the news is less helpful to validate our analysis, it is difficult to do for short-term trading, because sometimes the effect of news is not immediately visible in an instant. unless we really use fundamental analysis and aim to do long-term trading, it might happen. but unfortunately there is a lot of news that does not match the developments that are happening, and of course that is what we have to consider
sr. member
Activity: 966
Merit: 306
June 29, 2023, 09:38:03 PM
#63
I usually don't use any indicators for trading.
If you don't use any indicator for trading, you are not trading but gambling. Overusing indicators is not good but don't use any indicator is not good too, it's terrible because you likely are blinded to open your positions.

Quote
I try to trade with small amount of money. By trading I try to gain experience about trading rather than making a profit.
You can do it with demo trading rather than with your actual capital. Demo trading platforms

Quote
In this case, I follow various positive and negative news about the market. If we see positive or negative news about a particular coin, I usually trade based on the positive and negative news.
News are used to manipulate the market and to steal money from traders, newbies. If you are diving in news, you will lose capital.
sr. member
Activity: 490
Merit: 294
June 29, 2023, 11:18:53 AM
#62
I usually don't use any indicators for trading. I try to trade with small amount of money. By trading I try to gain experience about trading rather than making a profit. In this case, I follow various positive and negative news about the market. If we see positive or negative news about a particular coin, I usually trade based on the positive and negative news. Right now I am doing trading with small amount of money and by doing trading with small amount of money I am getting enough experience about trading which will help me to become a full time trader in future.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
June 29, 2023, 10:14:03 AM
#61
Traders you are talking about are most likely just making their own indicators or combining several ones. Even meme trend lines that you draw can be seen as indicators or volumes you combine with them. You can build an indicator from several data points by yourself. So there might be indicators ready for the tactic you are currently using without knowing it's already been automated. It's all really how you read the data or combine it with fundamentals.

Saying that you don't use an indicator usually implies that you don't trust just one indicator blindly.
I think it is not that quite easy to just draw a line yourself, it does take a bit of information which means that you are right with that meme trend lines, because every one of them actually do mean something. You need to know what they mean before you can understand if you are making a correct calculation or not, if you are not then of course they will look like memes and jokes, but if you know what they mean then you are going to actually see what the indicator is telling you.

Unfortunately too many people are just looking at them like it's a joke, but that's not going to be that easy of a choice. I think the best thing to do in this case is to make sure that it can help you so you need to study and learn what it means.
sr. member
Activity: 686
Merit: 286
June 21, 2023, 12:13:26 PM
#60
Everyone's trading strategy is different. Some usually use one-hour candles, some observe 15-minute candles to facilitate their own understanding, and some observe one-month candles, that is, they can conduct trading according to their timing. If I do futures trading, I keep the same amount in my main account as I start the futures trading with, because if I ever see my money in danger, I will add the money deposited in my wallet to the trading money so that I don't lose my money. And for market monitoring I use 15 minute candle. Because the 15-minute candle is convenient for me to understand.
member
Activity: 420
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Globe-dex.com
June 21, 2023, 11:38:45 AM
#59
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

The most popular indicators have used so far are MACD,RSI AND BB (BOLLINGER BAND) but as time goes by i stopped using them but, like i dont use them i just picked out RSI out of the indicators i know so far. because RSI goes along with the price action and with RSI divergences are easily spotted.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
June 21, 2023, 04:07:39 AM
#58
Indeed, people who can analyze themselves are very helpful for trading. I have seen many traders who do not use any indicator but trade based on their own analysis and earn very good profits.

But I think if you use indicators along with your analysis, it can improve your trading, because there are many indicators that provide you very good guidance in trading. You are absolutely right that finding such indicators is not an easy task. Still, it cannot be denied that indicators play a very important role in trading. You can make a good trade by using different indicators. Many traders are benefiting from this indicator on a daily basis.
They are using indicators imho. Traders you are talking about are most likely just making their own indicators or combining several ones. Even meme trend lines that you draw can be seen as indicators or volumes you combine with them. You can build an indicator from several data points by yourself. So there might be indicators ready for the tactic you are currently using without knowing it's already been automated. It's all really how you read the data or combine it with fundamentals.

Saying that you don't use an indicator usually implies that you don't trust just one indicator blindly.

member
Activity: 114
Merit: 10
Globe-dex.com
June 20, 2023, 09:16:40 PM
#57
To be honest, indicators are not the most important indicator for me. For yourself, you should understand that finding really good indicators is not an easy task, it is much better to learn how to analyze the market yourself.


Indeed, people who can analyze themselves are very helpful for trading. I have seen many traders who do not use any indicator but trade based on their own analysis and earn very good profits.

But I think if you use indicators along with your analysis, it can improve your trading, because there are many indicators that provide you very good guidance in trading. You are absolutely right that finding such indicators is not an easy task. Still, it cannot be denied that indicators play a very important role in trading. You can make a good trade by using different indicators. Many traders are benefiting from this indicator on a daily basis.
newbie
Activity: 13
Merit: 0
June 20, 2023, 12:21:02 AM
#56
I use  RSI, but not always. I always use  EMA .
But I don't rely on indicators. Because it only shows what the market has done in the past. It can never give you an early signal, except for divergence. So I recommend you learn price action coupled with support and resistance, trend lines also with price (chart patterns) With this you will never care to use an indicator again.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
June 19, 2023, 06:56:02 PM
#55
To be honest, indicators are not the most important indicator for me. For yourself, you should understand that finding really good indicators is not an easy task, it is much better to learn how to analyze the market yourself.
Then how you would be able to analyze the market without making use of indicators? You cant really easily make out that naked trading and spotting out with your eyes without doing some charting.

Going back into the topic in regarding on what are the indicators i've been using, then here's the list;

• The Relative Strength Index (RSI)
• Bollinger Bands (BB)
• Simple Moving Average (SMA)
• Support and Resistance Line (Drawn)

In some cases then i do make out some additional

•FIBONACCI

It does really depend on you because we do have different ways on how to approach on dealing up with the market movement.
These are some of the indicator I normally use most but I would always prefer and ask people to get themselves familiar with moving averages. I normally use up to 5 to 8 moving average indicators to co firm my trade before going for it. This is another way we can analyse the market without using different indicators that can be confusing to other traders when they look at our charts.
There are also paid indicators too that we can use to confirm our trades in the market to prevent lagging or unnecessary lateness in the market.
full member
Activity: 280
Merit: 114
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June 19, 2023, 01:35:10 PM
#54
I had experience with most of the good which was not easy to get.The most of the people earn money by the knowledge by their personal experience.When the money comes from each activity, they can use the way on the trading.After learning more on trading,it’s essential to play less expensive games.After you master to the game,bet more amount and earn more from it.

Whatever platform you work on, both experience and knowledge are essential and only based on experience and knowledge you can take a good decision. Investing or trading anywhere without knowledge and experience can lead to loss for anyone.

As for betting on the game, I think you can lose your capital in betting. I think it is better to focus more on trading than playing games because in trading you can minimize your loss by setting stop loss. By betting on the game you can increase your profit but the risk of loss will also be higher. After having good experience in trading you can earn a good profit on daily basis.I think trading is the best.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
June 18, 2023, 05:46:02 PM
#53
I had experience with most of the good which was not easy to get.The most of the people earn money by the knowledge by their personal experience.When the money comes from each activity, they can use the way on the trading.After learning more on trading,it’s essential to play less expensive games.After you master to the game,bet more amount and earn more from it.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
June 18, 2023, 03:43:36 PM
#52
To be honest, indicators are not the most important indicator for me. For yourself, you should understand that finding really good indicators is not an easy task, it is much better to learn how to analyze the market yourself.
Then how you would be able to analyze the market without making use of indicators? You cant really easily make out that naked trading and spotting out with your eyes without doing some charting.

Going back into the topic in regarding on what are the indicators i've been using, then here's the list;

• The Relative Strength Index (RSI)
• Bollinger Bands (BB)
• Simple Moving Average (SMA)
• Support and Resistance Line (Drawn)

In some cases then i do make out some additional

•FIBONACCI

It does really depend on you because we do have different ways on how to approach on dealing up with the market movement.
legendary
Activity: 2716
Merit: 1383
June 18, 2023, 05:06:29 AM
#51
In addition, I did not employ EMA indicators in my trading strategy. Many traders use EMA to identify trends and to complement pattern strategies. Some of my acquaintances were using it, and it was really profitable. But it's slightly sluggish for me because it's simply based on the previous candles. As a trade setup, I simply use price action, confluence with RSI, and volume. I'm not very profitable with it, not because of strategy, but because I'm still dealing with my emotions while trading. I believe all of the strategies are working, but not with all traders.
This is why many traders out there prefer to just take a look at the price action and refuse to use indicators, as every single one of them lags behind the price action as they are calculated based on what happened on the past but they do not really tell us what is happening right now, however even the price action can be problematic to use as the volatility of the market is so high that the market conditions can change very quickly and they can confuse a trader about the next step they should take under those circumstances.
sr. member
Activity: 1316
Merit: 356
June 14, 2023, 03:37:56 PM
#50
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

i dont really use emas because they lag alot i use pure price action (P.A), but the only indicator i use is the ART BANDS which this is for my STOP LOSS and TDI which is for confirmation, what i do is top down analysis from the daily timeframe then drop to 4 hour timeframe for P.O.I (point of interest) then use the 15 minutes timeframe for entry.
In addition, I did not employ EMA indicators in my trading strategy. Many traders use EMA to identify trends and to complement pattern strategies. Some of my acquaintances were using it, and it was really profitable. But it's slightly sluggish for me because it's simply based on the previous candles. As a trade setup, I simply use price action, confluence with RSI, and volume. I'm not very profitable with it, not because of strategy, but because I'm still dealing with my emotions while trading. I believe all of the strategies are working, but not with all traders.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
June 14, 2023, 02:49:56 PM
#49
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

i dont really use emas because they lag alot i use pure price action (P.A), but the only indicator i use is the ART BANDS which this is for my STOP LOSS and TDI which is for confirmation, what i do is top down analysis from the daily timeframe then drop to 4 hour timeframe for P.O.I (point of interest) then use the 15 minutes timeframe for entry.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
February 04, 2023, 10:14:32 PM
#48
EMA combination of RSI is already a good indicator for me, simple is beautiful and you can then focus to analyze the candlesticks' patterns after that.
With EMA will help you the price action and RSI is the momentum indicator, these indicators will just help your decision, so always verify and check before entering a trade, and the best is also to try to look at different timeframes, not just only.

I have also been testing with these indicators, although the RSI must be correctly adjusted for it to give good results, I don't know if there is now a combination for a temporality, because there are people who trade at 3-5 minutes and change it the RSI, also in the lines of the EMA can give an entry information, and I have made some of the indications that sometimes the trader recommend but I have not been successful, in an entry that I have made, the market quickly goes against me , then either touch the SL or I have to get out quickly because I don't like to let losses run, there are other indicators that are very good such as the fibonacci lines or the ichimoku cloud.

sr. member
Activity: 616
Merit: 274
January 30, 2023, 11:17:10 PM
#47
I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.
I think the Title you are using seems to have something in common with this Thread https://bitcointalksearch.org/topic/diskusi-analisa-teknikal-bitcoin-buat-day-trader-2874360
Here many members input in the analysis that is used in their knowledge.
Indeed, there is no 💯% technical indicator chart that has correct results
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
January 24, 2023, 03:45:00 AM
#46
~
I will try to explain it. When you see some candles in one direction and you are a newbie it was natural for me to try and trade agains it. For example: When it goes down 2-3candles it made more sense to go long there and  catch a falling knife then to follow the trend. Not seeing the bigger picture was my biggest problem when I started trading.
I get the point you're trying to make now. Every trader starting out will experience such adrenaline rush too once setups like that present themselves. The temptation is often high to not indulge the impulse. Talking about two - three candles (it's actually three, expectedly anyway, from the rule book) going down on the same pattern to trigger a reversal, we've to also remember that such is in theory and doesn't always reflect in practical reality. You've three bear candles and then there's a bull candle, vice versa. Let me quickly add that if you want to trade on that sentiment, you should consider higher time frames than short ones for better results.
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