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 don't use many indicators, because that just makes me confused, because often each indicator will have a different signal at one time. therefore I only use EMA and assisted with support and resistance. that way I can draw our work area and can determine targets and areas to cut losses if my analysis is wrong. I do this because I do scalping, so if the candle breaks the EMA line, I have to take action. while the ema that I use is 20, 50, 100. I take advantage of the space at each EMA to make a profit, and profit or loss situations are what I usually experience, the main thing is that in sum I still get profit at the end of the month 
Topic: Which indicators you use? - page 3. (Read 816 times)
Buy The Rumor Sell The News refers to a trading strategy whereby a trader buys coins based on speculation about an upcoming news or data announcement, and sells coins after the news is published. This can give traders an opportunity to buy securities before everyone wants to buy them, and to make a profit selling them when demand and prices increase.
This is a part of fundamental analysis that can be used in cases like when there are rumors of a centralized exchange collapsing and some good news about bitcoin adoption.
Disadvantages of this strategy include the lack of accuracy and the potential for missed opportunities if decisions are not made quickly enough.
No one can time the market with absolute certainty, buy rumors, and sell news trading strategies are no different. There are a number of reasons why this strategy failed to generate profits for traders.
Non-verified news can also be called as a rumour. It would be better to verify things first before we act because we don't know what if what they are spreading is only just a FUD? I mean if they say this new coin will pump and then they encourage us to buy it, will you also buy it? But we can also do our own research to have a better understanding.This is a part of fundamental analysis that can be used in cases like when there are rumors of a centralized exchange collapsing and some good news about bitcoin adoption.
Disadvantages of this strategy include the lack of accuracy and the potential for missed opportunities if decisions are not made quickly enough.
No one can time the market with absolute certainty, buy rumors, and sell news trading strategies are no different. There are a number of reasons why this strategy failed to generate profits for traders.
Selling can be optional as long as what you are hodling is a top coin because they can always recover even if there is a negative news and then everyone expects that it will have a negative impact on the coins that we hold. I still think that fundamental analysis is more accurate than technical analysis because they are mostly based on real-time events not unlike to TA that we are only predicting based on the movements of the price.
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 use Pivot point indicator which automatically draws a line on my mt4 chart with RSI indicator to determine overbought and oversold areas, however I always take a trading decision based on Price Action around the Pivot points because candlestick patterns behavior at those zone is also an indicator, an exhaustion candle with a bullish or bearish wicks are factors I considered for a possible price reversal at the either side mostly using a higher timeframe from 4 hour time frame and above, though I haven't perfected my trading strategy yet because this comes with huge period of charting time. 
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.
This changes with the chart i am trying to analyze. If the coin or token doesn't have any correlation in the past with the indicator i tried, i'll change it to something i find it reacting with. My go to for finding big moves is going trough some MA crosses. This doesn't mean i would use too much time for a chart that i don't find interesting enough. Not every chart is tradeable for me. I am not good enough for that.
Usually, I use RSI, MACD, and BB. But sometimes, I buy when the price is low during a correction and leave it like that without any desire to sell quickly. Currently, when the price of bitcoin is unstable and can change direction, it often makes me wrong in analyzing the movement of bitcoin, so I try to buy at a low price and hold it for a while until the price increases. But since my focus is on accumulating bitcoins, I don't trade too much and just buy and hold bitcoins.
Buy The Rumor Sell The News refers to a trading strategy whereby a trader buys coins based on speculation about an upcoming news or data announcement, and sells coins after the news is published. This can give traders an opportunity to buy securities before everyone wants to buy them, and to make a profit selling them when demand and prices increase.
This is a part of fundamental analysis that can be used in cases like when there are rumors of a centralized exchange collapsing and some good news about bitcoin adoption.
Disadvantages of this strategy include the lack of accuracy and the potential for missed opportunities if decisions are not made quickly enough.
No one can time the market with absolute certainty, buy rumors, and sell news trading strategies are no different. There are a number of reasons why this strategy failed to generate profits for traders.
This is a part of fundamental analysis that can be used in cases like when there are rumors of a centralized exchange collapsing and some good news about bitcoin adoption.
Disadvantages of this strategy include the lack of accuracy and the potential for missed opportunities if decisions are not made quickly enough.
No one can time the market with absolute certainty, buy rumors, and sell news trading strategies are no different. There are a number of reasons why this strategy failed to generate profits for traders.
I mostly agree, but this isn't the strategy I'm referring to at all. There's a huge difference between making trades based on news articles, and following protocols very closely — hence knowing when a significant upgrade/update is about to happen.
I used BB with RSI but I later understood that no matter the indicator that you use, no indicator that can not fail. The problem most traders faced and losing money is the wrong strategies that they are using, traders needs to use low amount of funds to start trading and to know how to make use more of averaging than stop loss. Averaging are for professional traders.
Right now I'm testing those on low time frames and trying to be over 50% in good trades. But I'm trading small money like you sad, it's stress free. Even like this is hard to stay over 50% adding bigger funds and more stress it seams almost impossible to be in profit.Lets suppose you had a strategy which only won one out of every three trades and it had a risk reward ratio of one to three, you will lose two dollars on your two losing trades but you will earn three dollars on your winning trade for a total profit of one dollar, as you can see even a system with a low win rate can be profitable, just make sure to paper trade your strategy and evaluate if your current strategy can still be profitable despite its low winning rate.
Nothing — I don't use "traditional" indicators at all, as I trade using narratives and social signals(mostly on Twitter, Reddit on rare cases); and to add to that, fundamentals — yes, as funny as it sounds you can use fundamental analysis on crypto on some cases.
Buy The Rumor Sell The News refers to a trading strategy whereby a trader buys coins based on speculation about an upcoming news or data announcement, and sells coins after the news is published. This can give traders an opportunity to buy securities before everyone wants to buy them, and to make a profit selling them when demand and prices increase.
This is a part of fundamental analysis that can be used in cases like when there are rumors of a centralized exchange collapsing and some good news about bitcoin adoption.
Disadvantages of this strategy include the lack of accuracy and the potential for missed opportunities if decisions are not made quickly enough.
No one can time the market with absolute certainty, buy rumors, and sell news trading strategies are no different. There are a number of reasons why this strategy failed to generate profits for traders.
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’m using the basic indicators as well, just include Fibo on your list and that can be more ok.Using indicators are necessary, we should trade and analyze with it because in trading your work is very important. Indicators tells us when to buy and sell, this is why its advisable to have this from time to time and adjust accordingly. If you can’t tell your analysis is correct, try other indicators to complement your analysis and make it right.
Well then I'm doing something wrong since I'm doing okey not great with day trading. I keep doing it for quite some time now and still it's not easy...
Don't trade like you are gambling. It is a very serious business and career that if you understand and do it well, your future is guaranteed. Trade with analysis, get a jotter or book to relearn yourself, write things down and study important things. Also check your better trades that you have made profit in and compare your note to the times you have lost out. Always apply stop loss to your trade and you can reduce your losses that way.
Dear buddy, it's up to the condition of the recent market and also the trade type. If you are going for a long time in the trade I will prefer the Moving Averages, particularly 20EMA and 50EMA. And with the basic support and resistance + MV a newbie can even trade easily and efficiently.
Well then I'm doing something wrong since I'm doing okey not great with day trading. I keep doing it for quite some time now and still it's not easy... 
Dear buddy, it's up to the condition of the recent market and also the trade type. If you are going for a long time in the trade I will prefer the Moving Averages, particularly 20EMA and 50EMA. And with the basic support and resistance + MV a newbie can even trade easily and efficiently.
Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.
Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.
For them, they are an exception, in my opinion, even though in the end they will be there, but for beginners, they should not trade first if they still don't know the knowledge and haven't studied trading techniques further.
It will only be a waste of their money if they will push themselves when they don't know this. Confused doesn't mean you can't but it doesn't mean you have to force yourself and it's better to learn more first so you don't just waste money trading.
Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.
Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.
Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.
Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.
In my opinion, the indicators that you use are the most frequently used by people, RSI, MACD, BB are indicators that I also often use. But that goes back to which indicators we think are easier to use and also to understand. The indicators mentioned become important to determine in which direction the market moves. Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.
Nothing — I don't use "traditional" indicators at all, as I trade using narratives and social signals(mostly on Twitter, Reddit on rare cases); and to add to that, fundamentals — yes, as funny as it sounds you can use fundamental analysis on crypto on some cases.
It is good to keep to the strategies that is working for you but indicators are very important to many traders like me, but it also depends on the type of trading that you choose, indicators is very important for scalping and day trading, but using the right strategies to help in profiting even if indicators failed because indicators can fail. I have learned how to trade myself and I had several failure just because of the wrong strategies that I was using before. Indicators are very important if used with the right strategy. Fundamentals analyses are very important too just like you said. 
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 trade using three indicators RSI, EMA, MA. But as far as I know the index is never responsible for losing trades. Most traders lose their money by using wrong strategy and trading at wrong time. OP the time you traded was not the right time to trade. You have traded using wrong strategy due to which you have lost trades. Trading indicators are never responsible for this.
Nothing — I don't use "traditional" indicators at all, as I trade using narratives and social signals(mostly on Twitter, Reddit on rare cases); and to add to that, fundamentals — yes, as funny as it sounds you can use fundamental analysis on crypto on some cases.
Before when I was starting trading, for sure some of the people here have also done this, I've tried as many indicators in my chart so that I could see the better trade position but turns out it made me confuse lol I thought having a ton of it is that you can easily see when to trade. But later on, I decided to use only RSI, MACD, MA and Fibonacci lines this is really my main indicators and mostly I just draw the resistance and support lines since some indicators are I don't want the way it draws.
Jump to: