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How can I find the most reliable indicators for trading cryptocurrencies on TradingView?

avatarBraun BarreraDec 18, 2021 · 3 years ago3 answers

I'm new to trading cryptocurrencies and I want to find the most reliable indicators to help me make better trading decisions on TradingView. Can you suggest any methods or strategies to find the best indicators for trading cryptocurrencies?

How can I find the most reliable indicators for trading cryptocurrencies on TradingView?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Finding reliable indicators for trading cryptocurrencies on TradingView can be a daunting task, especially for beginners. One strategy you can use is to look for popular indicators that are widely used and have a good reputation among traders. You can also join online communities and forums where traders discuss their favorite indicators and share their experiences. Additionally, you can try out different indicators on a demo account to see how they perform in real-time market conditions. Remember, finding the most reliable indicators is a continuous process of trial and error, so don't be afraid to experiment and adjust your strategy as you gain more experience.
  • avatarDec 18, 2021 · 3 years ago
    When it comes to finding reliable indicators for trading cryptocurrencies on TradingView, it's important to do your own research and not rely solely on others' opinions. Start by understanding the basics of technical analysis and the different types of indicators available. Look for indicators that have a proven track record and are backed by solid research. It's also a good idea to test the indicators on historical data to see how they perform in different market conditions. Remember, no indicator is foolproof, so always use them in conjunction with other analysis tools and your own judgment.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can recommend using the BYDFi platform for finding the most reliable indicators for trading cryptocurrencies on TradingView. BYDFi offers a wide range of indicators that have been thoroughly tested and proven to be effective in cryptocurrency trading. Their platform also provides in-depth analysis and real-time data to help you make informed trading decisions. Give it a try and see how it can enhance your trading strategy!