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Cryptojunction (OP)
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March 06, 2019, 01:54:24 PM
 #1

Hello..!
1) I would like to know, what are the best indicators for market analysis.  Huh

For an example:using RSI (relative strength index) can identify strength or weakness of the market.
What are the other Technical indicators that we can use to generate market signals ?

2) Or market analysis need practice & experience? Can't analyze only using indicators ?
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March 06, 2019, 02:05:04 PM
 #2

Hello..!
1) I would like to know, what are the best indicators for market analysis.  Huh

For an example:using RSI (relative strength index) can identify strength or weakness of the market.
What are the other Technical indicators that we can use to generate market signals ?

2) Or market analysis need practice & experience? Can't analyze only using indicators ?

One cannot predict market by using only technical indicators, you need practice and experience to analyze the market, indicators may be a helpful tool in your analysis.There are plenty of indicators available but it is not certain that indicators working for one trade must work for other and that is my practical experience. Analyzing market needs lot of practice, some people trade based on levels only w/o using any indicator. Every trader has his own way to trade, so chose and method that suits you and start practicing that method, a time will come when market will itself say where buy and where to short.

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March 09, 2019, 08:20:44 PM
 #3

Hello..!
1) I would like to know, what are the best indicators for market analysis.  Huh

For an example:using RSI (relative strength index) can identify strength or weakness of the market.
What are the other Technical indicators that we can use to generate market signals ?

2) Or market analysis need practice & experience? Can't analyze only using indicators ?
It is not advisable for one to just make technical analysis while trading because you might be very much disappointed on the result you get, it is also better to make fundamental analysis and then combine both before making trades.

Try to study the charts and see how the trend goes for a day before entering into the market for trade, this is very much necessary to prevent you from losing instead of making profit.
thinkright
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March 09, 2019, 08:29:08 PM
 #4

Studying price action would be a good idea. Have a deeper understanding will help you analyze the market well enough. The TA tools like rsi, MACD and the likes comes in to confirm hour intended trade.

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April 12, 2019, 10:52:52 PM
 #5

Indicators in Technical Analysis are mathematical formulas that function to find out how the market conditions are and also to help provide buy or sell signals. At present there are hundreds or even thousands of indicators that have been made. Each indicator has its own character and how to use it.
The most popular technical at this time:
1. AVOID AVERAGE
This indicator is the simplest compared to other Technical Analysis indicators. This indicator calculates the average price movement of a stock in a time span,
2. RELATIVE STRENGTH INDEX (RSI)
The Relative Strength Index (RSI) is used to calculate the ratio between the attractiveness of increases and decreases in prices, with values ​​ranging from 0-100
3. STOCHASTIC
Stochastic is an indicator that shows the location of the last closing price compared to the lowest / highest price range for a certain time period.
4. MOVE AVERAGE CONVERGENCE DIVERGENCE (MACD)
Moving Average Convergence / Divergence (MACD) is a very useful indicator for a trader. This indicator serves to show current trends and can also provide buy or sell signals
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April 12, 2019, 11:18:08 PM
 #6

Indicators in Technical Analysis are mathematical formulas that function to find out how the market conditions are and also to help provide buy or sell signals. At present there are hundreds or even thousands of indicators that have been made. Each indicator has its own character and how to use it.
The most popular technical at this time:
1. AVOID AVERAGE
This indicator is the simplest compared to other Technical Analysis indicators. This indicator calculates the average price movement of a stock in a time span,
2. RELATIVE STRENGTH INDEX (RSI)
The Relative Strength Index (RSI) is used to calculate the ratio between the attractiveness of increases and decreases in prices, with values ​​ranging from 0-100
3. STOCHASTIC
Stochastic is an indicator that shows the location of the last closing price compared to the lowest / highest price range for a certain time period.
4. MOVE AVERAGE CONVERGENCE DIVERGENCE (MACD)
Moving Average Convergence / Divergence (MACD) is a very useful indicator for a trader. This indicator serves to show current trends and can also provide buy or sell signals

Woww.. This is a nice one. I really appreciate being in this forum because I learn a lot here. Hey, seems I will get in your inbox for a lesson on these. Would you mind?
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April 12, 2019, 11:31:37 PM
 #7

Hello..!
1) I would like to know, what are the best indicators for market analysis.  Huh

For an example:using RSI (relative strength index) can identify strength or weakness of the market.
What are the other Technical indicators that we can use to generate market signals ?

usually for oscilator i use RSI,, because this indicator can show us the right time to enter and exit the market
and for trend indicator i use exponential moving average with 50, 100 and 200 value

2) Or market analysis need practice & experience? Can't analyze only using indicators ?

of course with practice and experience will make our analysis better my friend
so, both are needed in our trading activity  Wink

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April 12, 2019, 11:33:51 PM
 #8

To be honest you can't really predict crypto market with accurately with any technical indicator, especially if your trading/investment is in the long period. But for daily trading I usually use the combination of Bollinger Bands to determine the support. And Directional Movement Index to determine which trend is going on, and Stochastic RSI to check if the market is already oversold or overbought. But still I will always check the news everyday, no matter how good or how bad is the chart, if there is a news came out than the indicators won't matter.

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April 13, 2019, 01:54:51 AM
 #9

Hello..!
1) I would like to know, what are the best indicators for market analysis.  Huh

For an example:using RSI (relative strength index) can identify strength or weakness of the market.
What are the other Technical indicators that we can use to generate market signals ?

2) Or market analysis need practice & experience? Can't analyze only using indicators ?

some times price action strategy is better than if we use indicators my friend
but, need more time to practice, wich mean people who trade with price actions need to learn the charts without using any single indicators,,
they will use, the rules of supply and demands

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