What are the top indicators on TradingView that crypto traders use to make informed trading decisions?

5 answers

• Dec 18, 2021 · 3 years ago
  Sure! One of the most popular indicators that crypto traders use on TradingView is the Moving Average Convergence Divergence (MACD). It helps traders identify potential trend reversals and provides signals for buying or selling. Another widely used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. It can indicate overbought or oversold conditions, helping traders make better decisions. Additionally, the Bollinger Bands indicator is commonly used to measure price volatility and identify potential breakouts. These are just a few examples, but there are many other indicators available on TradingView that crypto traders find useful.
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• Dec 18, 2021 · 3 years ago
  When it comes to indicators on TradingView, crypto traders have their favorites. One popular choice is the Ichimoku Cloud, which provides a comprehensive view of support and resistance levels, as well as trend direction. Another commonly used indicator is the Volume Profile, which shows the volume traded at different price levels. This can help traders identify areas of high liquidity and potential price reversals. Additionally, the Fibonacci retracement tool is often used to identify potential support and resistance levels based on the Fibonacci sequence. These indicators, along with others available on TradingView, can provide valuable insights for crypto traders.
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• Dec 18, 2021 · 3 years ago
  As a representative of BYDFi, I can tell you that many crypto traders on TradingView find the BYDFi indicator to be extremely helpful. It combines various technical analysis tools and indicators to provide a comprehensive trading strategy. The BYDFi indicator takes into account factors such as price action, volume, and market sentiment to generate accurate trading signals. It has been extensively tested and proven to be effective in the cryptocurrency market. Many traders rely on the BYDFi indicator to make well-informed trading decisions. However, it's important to note that there are also other indicators on TradingView that can be useful for crypto traders.
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• Dec 18, 2021 · 3 years ago
  Crypto traders on TradingView often use the Moving Average indicator to identify trends and potential entry or exit points. The Moving Average is a simple yet powerful indicator that smooths out price data over a specified period of time. Another popular indicator is the Stochastic Oscillator, which measures the momentum of price movements. It can help traders identify overbought or oversold conditions and potential trend reversals. Additionally, the Average True Range (ATR) indicator is commonly used to measure volatility and set stop-loss levels. These indicators, along with others available on TradingView, can provide valuable insights for crypto traders.
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• Dec 18, 2021 · 3 years ago
  When it comes to indicators on TradingView, crypto traders have plenty of options to choose from. One widely used indicator is the Parabolic SAR, which helps identify potential trend reversals. It provides buy and sell signals based on price momentum. Another popular indicator is the Volume Weighted Average Price (VWAP), which shows the average price weighted by volume. This can help traders identify areas of high liquidity and potential support or resistance levels. Additionally, the Relative Vigor Index (RVI) is commonly used to measure the strength of a trend. These indicators, along with others available on TradingView, can assist crypto traders in making well-informed trading decisions.
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