Are there any filters or indicators that can help me identify profitable crypto trades on TradingView?
Aurangzaib ShehzadNov 30, 2021 · 3 years ago3 answers
I'm looking for filters or indicators that can assist me in identifying profitable cryptocurrency trades on TradingView. Can you recommend any specific filters or indicators that have proven to be effective in analyzing crypto markets and generating profitable trade signals?
3 answers
- Nov 30, 2021 · 3 years agoAbsolutely! TradingView offers a wide range of filters and indicators that can help you identify profitable crypto trades. Some popular ones include the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), and Bollinger Bands. These indicators can provide valuable insights into market trends, momentum, and volatility, allowing you to make informed trading decisions. Additionally, you can customize these indicators based on your trading strategy and timeframes. Remember, it's important to combine multiple indicators and filters to get a comprehensive view of the market.
- Nov 30, 2021 · 3 years agoDefinitely! TradingView has a variety of filters and indicators that can assist you in finding profitable crypto trades. One popular filter is the volume filter, which allows you to screen for cryptocurrencies with high trading volume. High volume often indicates increased market interest and liquidity, making it more likely for the price to move in your favor. Additionally, you can use technical indicators like the Moving Average and the Ichimoku Cloud to identify trends and potential entry or exit points. Remember to backtest your strategies and always consider risk management.
- Nov 30, 2021 · 3 years agoSure thing! TradingView is a great platform for analyzing crypto markets and finding profitable trades. In addition to the built-in filters and indicators, you can also leverage the power of custom scripts created by the TradingView community. These scripts can provide unique insights and signals based on various technical analysis techniques. One popular script is the BYDFi Crypto Screener, which offers advanced filtering options and customizable alerts. It's worth checking out if you're looking for a comprehensive tool to identify profitable crypto trades.
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