What are the most popular trading view stock screener filters for finding profitable cryptocurrency trades?
Rohan KabadiNov 24, 2021 · 3 years ago3 answers
Can you provide some insights on the most popular trading view stock screener filters used by traders to find profitable cryptocurrency trades?
3 answers
- Nov 24, 2021 · 3 years agoSure! One of the most popular filters used by traders on trading view stock screeners is the volume filter. By setting a minimum volume threshold, traders can filter out low volume cryptocurrencies and focus on those with higher trading activity. This can help identify potentially profitable trades with more liquidity. Another popular filter is the price change filter. Traders often set a minimum percentage change in price to identify cryptocurrencies that are experiencing significant price movements. This can help traders find opportunities for quick profits. Additionally, many traders use the market cap filter to focus on cryptocurrencies with a certain market capitalization. This filter can help identify cryptocurrencies that are more established and have a higher likelihood of stability and growth. These are just a few examples of the popular filters used by traders on trading view stock screeners. The choice of filters may vary depending on individual trading strategies and preferences.
- Nov 24, 2021 · 3 years agoWell, when it comes to finding profitable cryptocurrency trades using trading view stock screeners, there are a few filters that traders commonly rely on. One of them is the RSI (Relative Strength Index) filter. By setting a specific RSI range, traders can identify overbought or oversold cryptocurrencies, which can indicate potential reversals or corrections in price. Another useful filter is the moving average crossover. Traders often look for cryptocurrencies where the short-term moving average crosses above the long-term moving average, as this can signal a bullish trend. Moreover, some traders also use filters based on technical indicators like MACD (Moving Average Convergence Divergence) or Bollinger Bands to identify potential buy or sell signals. Remember, these filters are just tools, and it's important to combine them with other analysis techniques and market research to make informed trading decisions.
- Nov 24, 2021 · 3 years agoAs an expert at BYDFi, I can tell you that many traders on trading view stock screeners use filters like the relative volume filter to identify cryptocurrencies with abnormal trading volume compared to their average volume. This can help traders spot potential opportunities for price movements. Another popular filter is the volatility filter. Traders often set a minimum volatility threshold to identify cryptocurrencies that are experiencing significant price swings. This can be useful for traders who prefer more volatile assets. Additionally, traders may use filters based on specific technical analysis patterns, such as breakouts or trend reversals, to find potential profitable trades. Remember, it's important to constantly adapt and refine your filters based on market conditions and your trading strategy.
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