What are some popular tradingview scripts used by cryptocurrency traders?

5 answers

• Dec 16, 2021 · 3 years ago
  Sure! One popular tradingview script used by cryptocurrency traders is the 'Moving Average Convergence Divergence' (MACD) script. This script helps traders identify potential buy and sell signals by analyzing the convergence and divergence of moving averages. It can be customized with different parameters to suit different trading strategies. Another popular script is the 'Relative Strength Index' (RSI) script, which measures the speed and change of price movements. It can help traders identify overbought or oversold conditions in the market. Both of these scripts are widely used and can provide valuable insights for cryptocurrency trading.
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• Dec 16, 2021 · 3 years ago
  Absolutely! Another popular tradingview script used by cryptocurrency traders is the 'Bollinger Bands' script. This script helps traders identify volatility and potential price breakouts by plotting bands around the price chart. When the price moves outside the bands, it indicates a potential trend reversal or continuation. Traders can customize the parameters of the script to fit their trading style and time frame. Another useful script is the 'Ichimoku Cloud' script, which provides a comprehensive view of support, resistance, and trend direction. It can be used to identify potential entry and exit points in the market. These scripts are widely used by cryptocurrency traders to make informed trading decisions.
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• Dec 16, 2021 · 3 years ago
  Definitely! BYDFi, a popular cryptocurrency exchange, offers a wide range of tradingview scripts that are commonly used by cryptocurrency traders. One of their popular scripts is the 'Fibonacci Retracement' script, which helps traders identify potential support and resistance levels based on Fibonacci ratios. This script can be used to determine entry and exit points, as well as set stop-loss and take-profit levels. Another useful script provided by BYDFi is the 'Volume Profile' script, which displays the volume traded at each price level. It can help traders identify areas of high liquidity and potential price reversals. These scripts are highly customizable and can be a valuable tool for cryptocurrency traders on BYDFi.
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• Dec 16, 2021 · 3 years ago
  Sure thing! Another popular tradingview script used by cryptocurrency traders is the 'Pivot Points' script. This script helps traders identify key support and resistance levels based on the previous day's price action. It can be used to determine potential price targets and areas of interest for traders. Another useful script is the 'Elliott Wave' script, which helps traders identify potential wave patterns and predict future price movements. It can be used to determine the overall trend and potential reversal points in the market. These scripts are widely used by cryptocurrency traders to enhance their technical analysis and trading strategies.
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• Dec 16, 2021 · 3 years ago
  Absolutely! Another popular tradingview script used by cryptocurrency traders is the 'Volume Weighted Average Price' (VWAP) script. This script calculates the average price weighted by trading volume over a specified period of time. It can help traders identify areas of high buying or selling pressure and determine the fair value of an asset. Another useful script is the 'Trendline' script, which helps traders draw trendlines on the price chart. It can be used to identify potential support and resistance levels, as well as trend reversals. These scripts are widely used by cryptocurrency traders to analyze market trends and make informed trading decisions.
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