Top 3 Cryptocurrency Trend Indicators

[cryptoadvocate]

Thought I'd share my article which discusses my three favorite indicator types to use to make sure that you're trading with the trend. Trading a trend is often far more profitable and less effort than trading choppy markets and these can help identify when a market is trending and when it starts to trend up or down.

https://www.cryptoadvocate.net/post/top-3-cryptocurrency-trend-indicators

[Twinkledoe]

I guess these indicators would not be of help for those pump and dump masternode coins? Do you think, it can detect the possible exit of those kind of coins?

[MFahad]

Thought I'd share my article which discusses my three favorite indicator types to use to make sure that you're trading with the trend. Trading a trend is often far more profitable and less effort than trading choppy markets and these can help identify when a market is trending and when it starts to trend up or down.

https://www.cryptoadvocate.net/post/top-3-cryptocurrency-trend-indicators

I have seen the three indicators mentioned but i usually trust the three more commonly used indicators.
1-Relative Strength Index (RSI)
2-Moving Average Convergence Divergence (MACD)
3- Moving Average & EMA

Not sure about Average True Range (ATR) and Trendmaster which are custom build.

I guess these indicators would not be of help for those pump and dump masternode coins? Do you think, it can detect the possible exit of those kind of coins?

You will not find any perfect indicator to exit from the pumps or dump on time but keep an eye on volume. If the volume started to grow, the possibility is that the coin will pump. Exit as you see the volume dip.

[rijaljun]

Thought I'd share my article which discusses my three favorite indicator types to use to make sure that you're trading with the trend. Trading a trend is often far more profitable and less effort than trading choppy markets and these can help identify when a market is trending and when it starts to trend up or down.

https://www.cryptoadvocate.net/post/top-3-cryptocurrency-trend-indicators

You are actually just promoting your own website by spamming thread and that's annoying.

[Pelunize12]

from my experience, trading indicator doesnt work well in crypto. i test many time and often fail with those indicator
i believe in price action which can work better than indicator. furthermore, price action is simpler than indicator

[watergold]

Indicators are only for reading graphics, I often see and read them, but they are not useful for the price of coins in the market, I often use my own analysis much better than seeing other people's indicators.

[Mpamaegbu]

Thought I'd share my article which discusses my three favorite indicator types to use to make sure that you're trading with the trend. Trading a trend is often far more profitable and less effort than trading choppy markets and these can help identify when a market is trending and when it starts to trend up or down.

https://www.cryptoadvocate.net/post/top-3-cryptocurrency-trend-indicators

Next time you may want to list part of what you have in your article here before leading us on a click bait. Most of us are weary of such. However, those indicators you listed in that article are "lagging indicators" I don't think it's a good idea to relay on indicators that show signs after price has gone there. Why not use leading indicators like - trend line, pivot points and breakouts. At least, when you take them from a higher timeframe - Daily, Weekly, Monthly- they show trend.

[ringgo96]

For trading, I usually use 2-3 indicators to validate prices and strengthen the belief that the price will probably increase or when I want Cute Lose. because these 3 indicators are correct, I understood and studied.

• Stochastic RSI
• DMI
• Bollinger Bands

Each person must be different in using indicators. but with all three I can get a combo when I want to trade scalping. I am an impatient type of person so I cannot hold Altcoin long term. And I take Time Frame From Minutes to Daily, And also this can use the free features of Tradingview 

[gabbie2010]

from my experience, trading indicator doesnt work well in crypto. i test many time and often fail with those indicator
i believe in price action which can work better than indicator. furthermore, price action is simpler than indicator

Indicators are calculated based on the past history of price thus they lag behind the price in some cases when an indicator signals buy or sell the price goes the other way due to lagging of the indicator, as you said Price Action rules in trading this is based on how the price behaves and how it is formed would determine buying and selling position or zones of the market.

[NathanJB]

from my experience, trading indicator doesnt work well in crypto. i test many time and often fail with those indicator
i believe in price action which can work better than indicator. furthermore, price action is simpler than indicator

Indicators are calculated based on the past history of price thus they lag behind the price in some cases when an indicator signals buy or sell the price goes the other way due to lagging of the indicator, as you said Price Action rules in trading this is based on how the price behaves and how it is formed would determine buying and selling position or zones of the market.

Indicators are there to help traders decide their next move. Although called indicators, they actually do not indicate at all where the price will be in the next hours or days. The best that they might provide are price ranges where you could buy or sell.

Trading is not easy of course. The use of indicators are not a guarantee that you will earn. They are just tools to somehow provide guidance on the trader's next move.

[glendall]

of the three trend indicators that you wrote in the article there is one trend indicator that I like, Exponential Moving Average (EMA) is a very good trend indicator in my opinion, especially EMA21, the trend line is very accurate and easily understood by novice traders. and we can see the BTC chart from 2014 to 2019 using the EMA21 indicator, there we can conclude that the BTC chart in 2019 is entering early bullish.

[palle11]

from my experience, trading indicator doesnt work well in crypto. i test many time and often fail with those indicator
i believe in price action which can work better than indicator. furthermore, price action is simpler than indicator

Indicators are calculated based on the past history of price thus they lag behind the price in some cases when an indicator signals buy or sell the price goes the other way due to lagging of the indicator, as you said Price Action rules in trading this is based on how the price behaves and how it is formed would determine buying and selling position or zones of the market.

Indicators are there to help traders decide their next move. Although called indicators, they actually do not indicate at all where the price will be in the next hours or days. The best that they might provide are price ranges where you could buy or sell.

Trading is not easy of course. The use of indicators are not a guarantee that you will earn. They are just tools to somehow provide guidance on the trader's next move.

What I see about indicators is that they give a trader the idea of where to peg his or her money so that profit is expected. So if you don't make profit all through the trade entered for always, that mean that your indicator is not guiding the trader well and the need for change.
Therefore, indicators are well suited to guide a trader to do better in the risk of his or her money.

[AniviaBtc]

Indicators are only for reading graphics, I often see and read them, but they are not useful for the price of coins in the market, I often use my own analysis much better than seeing other people's indicators.

Using your own knowledge is really much better. I agree with you that indicators really help for reading graphs. But they also have a factor in crypto economy, but not that much effect. Just analyze it by yourself only and understanding it will help you to gain more profit in trading. Good decision making is the key in an ideal transactions.

[MonsterV]

But most traders use support and resistance lines as their main indicator. The three indicators you mentioned above in my opinion are less accurate even though they are combined, because it is only a mathematical calculation of the previous price.

But that does not mean I do not use indicators, I myself also use indicators such as MA and EMA, the rest I use the trendline to determine market direction.

Indicators are only for reading graphics, I often see and read them, but they are not useful for the price of coins in the market, I often use my own analysis much better than seeing other people's indicators.

Using your own knowledge is really much better. I agree with you that indicators really help for reading graphs. But they also have a factor in crypto economy, but not that much effect. Just analyze it by yourself only and understanding it will help you to gain more profit in trading. Good decision making is the key in an ideal transactions.

@OP show articles about top indicators not about indicators from speculators. I hope you read the article given by @OP first before commenting on this thread. Those who use indicators certainly analyze their own, dude and they do not trade from speculators.

[el kaka22]

RSI is a really good one for selling, people use it for buying more, the most important part of crypto trading is the buying part, if you buy at the right price then selling wherever you can is still a profit, if you buy bitcoin at 7700 but then sell at 8100 when it goes to $8300 then you made a profit but missed out on bigger profit, however if you buy at 8300 and it goes to 7700 then you lose money, so selling is the second most important part, buying is the biggest important part.

RSI however is perfect for selling part, I know buying is important but at least you can forget about the small part of selling thanks to RSI. When the price will bottom out and what is the lowest it will go can't be decided on indicators that easily, sometimes all indicators show something but then bitcoin whales change that and that's when things go south.

[ChrisPop]

I guess these indicators would not be of help for those pump and dump masternode coins? Do you think, it can detect the possible exit of those kind of coins?

You've got to understand that technical analysis does not work on any chart you apply it on. You need to look at the underlying dynamics of that asset/market. If it is a fund with a NAV value people will eventually buy it to catch up the NAV. Or.. if there's no volume and liquidity in the market it's obvious that those lines on the chart that are supposed to act as resistances or support won't hold the same weight because there are not many people in the market which might or not support that level.

[Quidat]

Thought I'd share my article which discusses my three favorite indicator types to use to make sure that you're trading with the trend. Trading a trend is often far more profitable and less effort than trading choppy markets and these can help identify when a market is trending and when it starts to trend up or down.

https://www.cryptoadvocate.net/post/top-3-cryptocurrency-trend-indicators

•RSI
•BB
•EMA
•Support and Resistance
•Fibo (Case to case basis)

These are the technicals ive been using.For RSI ones i always tend to look for any divergence
for me to decide its time to sell out or buy.It might not be 100% precise but at least you are
basing on something.

[target]

Trendmaster is interesting. Haven't add anything to my tradingview but it says by clicking, it will add automatically?

I guess these indicators would not be of help for those pump and dump masternode coins? Do you think, it can detect the possible exit of those kind of coins?

Isn't RSI going to be working still for those coins like DASH? I never trade that coin but the overbought can still be seen with it. AS soon as you see its overbought you can sell rightaway not minding you take profit. Just don't wait til it reaches its peak because you might not see it coming someone will dump before you can.

[gantez]

Thought I'd share my article which discusses my three favorite indicator types to use to make sure that you're trading with the trend. Trading a trend is often far more profitable and less effort than trading choppy markets and these can help identify when a market is trending and when it starts to trend up or down.

https://www.cryptoadvocate.net/post/top-3-cryptocurrency-trend-indicators

•RSI
•BB
•EMA
•Support and Resistance
•Fibo (Case to case basis)

These are the technicals ive been using.For RSI ones i always tend to look for any divergence
for me to decide its time to sell out or buy.It might not be 100% precise but at least you are
basing on something.

The most reliable here for me is support and resistance. If you are able to understand the way it works and capture the real S/R, you are sure to be on the right part because it is not a lagging indicator. A break for any of it , can lead you to a direction and that is the new trend.

[Willitivity]

I have seen the three indicators mentioned but i usually trust the three more commonly used indicators.
1-Relative Strength Index (RSI)
2-Moving Average Convergence Divergence (MACD)
3- Moving Average & EMA

Not sure about Average True Range (ATR) and Trendmaster which are custom build.

For trading, I usually use 2-3 indicators to validate prices and strengthen the belief that the price will probably increase or when I want Cute Lose. because these 3 indicators are correct, I understood and studied.

• Stochastic RSI
• DMI
• Bollinger Bands

Each person must be different in using indicators. but with all three I can get a combo when I want to trade scalping. I am an impatient type of person so I cannot hold Altcoin long term. And I take Time Frame From Minutes to Daily, And also this can use the free features of Tradingview 

These 6 trend indicateors seem to be the best in providing a more better results when proper combined. You might not actually need to combine the whole 6. A mix of RSI, MAC-D and Bollinger bands can give you an insight as to how a particular pair is performing and how it is likely to perform in a nearest short period.