Briefly summarize indicators, purposes and uses:
The major indicators used for surfing: stoploss and take profit.1.Blinger bandParameters : (30,2,2)
Rules:+ Suitable for the market sideways, oscillating waves are not large
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Buy when price hits BB top
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Sell when price hits BB bottom
2.MACD Parameters : (12,26,9)
Rules:+ Mainly to determine the trend of the market. Forecasts are quite slow compared to real time. Only for reference, should not be used to enter the command.
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Buy when MACD cut up
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Sell when MACD breaks down
3. Parabolic SAR Parameters : (0.02, 0.02, 0.2)
Rules:+ Used to lock in profits. Use when the market tends to be strong. Absolutely not used in the sidewaymarket
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Buy when PSAR is under candles
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Sell when PSAR is on candle
4.StochasticParameters : (14,3,3)
Rules:+
Buy when Stoch cut to 20
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Sell when Stoch cut 80
5.RSI Parameters : (9)
Rules:+
Buy when the RSI rises to 30
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Sell when RSI is down 70
6.Ichimoku Kinko HyoParameters : (9,26,52)
Rules:+
Buy when Tenkan cut to Kijun
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Sell when Tenkan cut down Kijun
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Buy when Chikou span cut up BB or candle
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Sell when Chikou span cut down BB or candle
These are the best indicators to enter when trading. Trading when there are more than 3 indicators with the same signal
All indicators are available at Tradingview.com. Definitions and extensions you can search at Google.comBelow is a chart of indicators for the last five years
(The index is in the Forex market and it shows the profit, the efficiency of the indicator)
Crypto market has a large fluctuation range so the indicators below are for reference only.
Thanks for Reading. GOOD LUCK
