What are the top indicators to use in a cryptocurrency screener on TradingView?

5 answers

• Dec 17, 2021 · 3 years ago
  When it comes to using a cryptocurrency screener on TradingView, there are several indicators that can be helpful in analyzing the market. One popular indicator is the Moving Average Convergence Divergence (MACD), which can help identify trends and potential buy or sell signals. Another useful indicator is the Relative Strength Index (RSI), which measures the strength and speed of a price movement. Additionally, the Bollinger Bands indicator can be helpful in identifying overbought or oversold conditions. These are just a few examples, and it's important to experiment with different indicators to find the ones that work best for your trading strategy.
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• Dec 17, 2021 · 3 years ago
  If you're looking for a more advanced approach, you might consider using Fibonacci retracement levels as indicators in your cryptocurrency screener. These levels are based on mathematical ratios and can help identify potential support and resistance levels. Another useful indicator is the Volume Weighted Average Price (VWAP), which takes into account both price and volume to provide a more accurate representation of market trends. Remember, it's important to use indicators in combination with other analysis techniques to get a comprehensive view of the market.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using a combination of indicators in a cryptocurrency screener on TradingView. Some of the top indicators they suggest include the Moving Average Convergence Divergence (MACD), the Relative Strength Index (RSI), and the Bollinger Bands. These indicators can help traders identify potential trading opportunities and make more informed decisions. However, it's important to note that no indicator is foolproof, and it's always a good idea to conduct thorough research and analysis before making any trading decisions.
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• Dec 17, 2021 · 3 years ago
  When it comes to choosing indicators for a cryptocurrency screener on TradingView, it's important to consider your trading strategy and goals. Some traders prefer to use simple indicators like moving averages or trend lines, while others prefer more complex indicators like Ichimoku Cloud or Stochastic Oscillator. Ultimately, the best indicators for you will depend on your trading style and preferences. It's also worth noting that indicators should be used in conjunction with other analysis techniques to get a more accurate picture of the market.
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• Dec 17, 2021 · 3 years ago
  In addition to the indicators mentioned earlier, it's also worth considering using volume-based indicators in your cryptocurrency screener. These indicators, such as On-Balance Volume (OBV) or Accumulation/Distribution Line, can provide insights into the buying and selling pressure in the market. By analyzing volume alongside price movements, you can get a better understanding of market trends and potential trading opportunities. Remember, it's important to regularly review and adjust your indicators based on market conditions and your trading strategy.
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