What are some popular tradingview scripts used by professional cryptocurrency traders?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure, here are a few popular tradingview scripts that professional cryptocurrency traders often use: 1. Moving Average Convergence Divergence (MACD): This script helps traders identify potential trend reversals and generate buy or sell signals based on the convergence and divergence of moving averages. 2. Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements. It can help traders identify overbought or oversold conditions and potential trend reversals. 3. Bollinger Bands: This script consists of a middle band, an upper band, and a lower band. It helps traders identify volatility and potential price breakouts. 4. Fibonacci Retracement: This script is based on the Fibonacci sequence and helps traders identify potential support and resistance levels. These scripts work by using various technical indicators and mathematical calculations to analyze price data and generate trading signals. It's important to note that no script or indicator can guarantee profits, and traders should always use them in conjunction with other analysis tools and their own judgment.
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• Dec 16, 2021 · 3 years ago
  Hey there! Professional cryptocurrency traders often rely on a variety of tradingview scripts to help them with their technical analysis. Here are a few popular ones: 1. Ichimoku Cloud: This script provides a comprehensive analysis of price movements, support and resistance levels, and trend direction. 2. Volume Profile: This script helps traders analyze the volume traded at different price levels, which can provide insights into market sentiment and potential price levels of interest. 3. SuperTrend: This script helps traders identify the current trend and potential trend reversals based on price and volatility. 4. Pivot Points: This script calculates key support and resistance levels based on the previous day's price action, which can help traders identify potential entry and exit points. These scripts are just a starting point, and it's important for traders to customize them based on their own trading strategies and preferences. Remember, no script can guarantee profits, so always do your own research and analysis before making any trading decisions!
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• Dec 16, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that professional cryptocurrency traders often use a variety of tradingview scripts to enhance their technical analysis. Here are a few popular ones: 1. Ichimoku Cloud: This script is widely used for trend analysis, support and resistance levels, and generating trading signals. 2. RSI Divergence: This script helps traders identify potential trend reversals by analyzing the divergence between price and the relative strength index. 3. Fibonacci Extension: This script helps traders identify potential price targets based on the Fibonacci sequence and extensions. 4. VWAP: Volume Weighted Average Price (VWAP) is a script that calculates the average price weighted by volume. It can help traders identify potential support and resistance levels based on volume. These scripts are just a few examples, and there are many more available on TradingView. Remember to always do your own research and analysis before making any trading decisions!
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