Bitcoin Forum

Economy => Trading Discussion => Topic started by: doctorcrypto_vz on May 18, 2023, 09:19:26 PM



Title: Best trading indicator ! You need to try!
Post by: doctorcrypto_vz on May 18, 2023, 09:19:26 PM
This is something i worked on for few years and now is finally ready for usage.
Here is live stream demo and TA

https://www.twitch.tv/doctorcrypto1982

My other links:
https://twitter.com/DrCrypto1982

https://patreon.com/cryptohrv



Title: Re: Best trading indicator ! You need to try!
Post by: logfiles on May 18, 2023, 10:27:02 PM
Best trading indicator?

What is your indicator's winrate for example after back testing it?

I am more that certain it isn't the "best'' otherwise you would be selling it. You would be able to make lots of money off it alone.


Title: Re: Best trading indicator ! You need to try!
Post by: EarnOnVictor on May 19, 2023, 11:50:38 AM
As much as I like to encourage traders, terming any indicator or strategy the best is always OFF with me. There is no best indicator or strategy anywhere, though you might have your personal best indicator, it will only be with you as the one that works best for you, not for everybody. Also, the last website you uploaded (the one of Patreon) is not working, maybe it's there because you want to sell something, I don't know.

You could do better by explaining your strategy in a way people would understand and giving simple guides and links to the resources to download in using it.



Title: Re: Best trading indicator ! You need to try!
Post by: Husires on May 19, 2023, 12:22:34 PM
I ignore any content that starts with the word "best". They are the worst and definitely try to show the word "best" to attract more customers.
Your Twitter account has about 10 tweets, so it is difficult to say that what you are trying to provide is the best, strive to build a record of more than 3 months and compare the results with other traders to prove that what you are trying to provide is the best.

I don't see you doing any technical analysis related to bitcoin.


Title: Re: Best trading indicator ! You need to try!
Post by: safar1980 on May 19, 2023, 01:02:55 PM
For hundreds of years, no one has invented a better indicator for trading, because it is impossible.
Indicators help the trader indefinitely in trading and the most commonly used by all traders are Moving Average and trading volume. These indicators give us a real picture of the market if the trading volume data is not falsified.


Title: Re: Best trading indicator ! You need to try!
Post by: jeraldskie11 on May 27, 2023, 12:00:42 PM
I saw one of your videos in youtube and I noticed that you're entering a trade right after a bullish divergence. I'm not sure if you wait for 2 bullish divergence before entering a trade for long. Since the title of this thread best trading indicator, what's the difference of that indicator you're using and the RSI. Because RSI can also tell a divergences like what you have said in the video. By the way, if you're only doing a trade in that way, I would refuse to believe that you're profitable because there's best way of using the divergences in trading.


Title: Re: Best trading indicator ! You need to try!
Post by: rhomelmabini on May 27, 2023, 12:12:42 PM
Of course there's no best nor a perfect indicator, it's a hoax, it will guide you but it will not definitely makes the best of all. I think it's more realistic if you have provided more information or posted your PnL, winrate or something that proves that this indicator/s of yours really works, not just some links and words that it is the best.


Title: Re: Best trading indicator ! You need to try!
Post by: Aanuoluwatofunmi on May 27, 2023, 02:04:39 PM
As much as I like to encourage traders, terming any indicator or strategy the best is always OFF with me.

You're right, it's not all about using a particular indicator while trading that matters because they are only things that gives us signals concerning the movement of the bitcoin price to wether if there's a likely possibilities for up or down, those indicators are not the perfect determinants that gives direction to wether bitcoin rises or falls while trading, but can help in understanding the possible feature needed while going through the study base on how we are able to interpret them.

There is no best indicator or strategy anywhere, though you might have your personal best indicator, it will only be with you as the one that works best for you, not for everybody.

Many have made this common mistake already thinking those indicators are what determines their accurate prediction while using them, we have to apply our own final judgement after considerable reasoning to bring out a perfect result, trading is as simple as having a personal understanding of it.




Title: Re: Best trading indicator ! You need to try!
Post by: Timmzzy on May 29, 2023, 07:27:31 AM
We don't have best trading indicators when it comes to trading, the best indicator i can recommend in the aspect of trading, is RISK MANAGEMENT. I  tried to view the links, but it seems not to fit into what people will be able to watch at any given time i will preffer you make it a YT video's.


Title: Re: Best trading indicator ! You need to try!
Post by: retreat on May 29, 2023, 08:20:24 AM
This is something i worked on for few years and now is finally ready for usage.
Here is live stream demo and TA

https://www.twitch.tv/doctorcrypto1982

My other links:
https://twitter.com/DrCrypto1982

https://patreon.com/cryptohrv



In my opinion, actually the indicator is only as a support for our trading, the decision remains on the market and fundamental analysis. Because no matter how hard it is for you to measure using indicators, it will still be based on news and market conditions. So in my opinion there is no best indicator, they are all the same, depending on how we use it and don't rely too much on it.


Title: Re: Best trading indicator ! You need to try!
Post by: Stepstowealth on May 29, 2023, 07:49:36 PM
This is something i worked on for few years and now is finally ready for usage.
Since you worked on it, it can be understood why you are trying to promote it, but calling the best is certainly a biased call from you knowing you are part of it.  The "best" trading indicator is a hype word used for marketing. For traders, if you have a trading indicator that works for you, there is no need moving to another because it was called the best. You have to see features of why it has been called the best, compare it with what you use before deciding to make a switch.


Title: Re: Best trading indicator ! You need to try!
Post by: disconnectme on May 30, 2023, 04:32:53 AM
Sorry to say this, you still need to learn more about tradnging, I looked through your Twitter page the only trade posted I say was the $XRP short trade you psted their, you make use of 50X leverage and you make 20X, your risk to reward is very crazy, this just shows me you don't know what you are doing. Anyone that follows you will end up losing his fund. I doubt you are making profit because if the indicator is working as you tried to hyped it, the high leverage you are using will blow up your account faster than saying Jack robison. 


Title: Re: Best trading indicator ! You need to try!
Post by: gunhell16 on May 30, 2023, 06:42:30 AM
This is something i worked on for few years and now is finally ready for usage.
Here is live stream demo and TA

https://www.twitch.tv/doctorcrypto1982

My other links:
https://twitter.com/DrCrypto1982

https://patreon.com/cryptohrv



I peeked and watched the video, and what I can say OP is that for me it is not recommendable to those who are just starting out in the crypto business industry. You know that crypto is not just an overnight where after 24 hours everyone knows it at once, of course, its not like that.

Then indicators in my opinion will only give confusion to the newbies in the crypto space as well. And besides that, in my years here, I have never tried to use an indicator even though I always base it on the chart or graph where the price of Bitcoin is headed for example.


Title: Re: Best trading indicator ! You need to try!
Post by: shivansps on May 30, 2023, 07:59:08 AM
From my point of view,  the indicator is only as a support for trading, it's don’t give an accurate forecast, but only a guess. We must rely only on our choice and experience

Most likely a person is trying to simply attract attention with the word "best". Maybe he just needs to attract people. It's hard to take this kind of content seriously.