Top 3 Cryptocurrency Trend Indicators

[BartS]

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

It has been known for a very long time that if you try to use trading indicators in markets that have very low volume then they don't work, but if you use those very same indicators in markets with enough volume then you will get very accurate results with them.

But you found the right answer, when you cannot use trading indicators and fundamental analysis is useless because of the huge number of scams your only option is to watch the price action.

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[nelson4lov]

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

The funny thing about your reply is that you relied too much on the information from the indicators you used. As the name implies, It's an indicator not a success guarantee. Indicators are essential for trading and yes, They do work but you can improve your chances by using them alongside other tools like Support and Resistance + Indicators, Indicators plus fib retracements. Moral: Don't really on a single indicator or trading tool. If you combined everything (Indicators, price actions, support, resistance, channels, Trend lines etc) It should give you an edge over other traders.

[cryptoadvocate]

For anyone interested, looks like stormxbt has created a new version of ATR. Unfortunately bot free

[puertorikosena]

I think that indicators are effective only on currencies that have good liquidity. In other cases, currencies that are traded on the cryptocurrency market are completely unpredictable and it is difficult and not profitable to trade them. In this case, it is better to invest if the project is worth attention.

[MURONDI]

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 am also a trader who likes trend indicators, Moving Average and Exponential Moving Average indicators are classic indicators that are commonly used, but I don't really like this indicator because it is slow in detecting trends, but I have never tried trendmaster indicators, I will try to learn it.

[Shasha80]

I also use trading cryptocurrency  indicators to justify the right time to buy and sell. Although not can only rely on indicators
to make decisions, because indicators cannot guarantee 100% success. But at the very least we get a little picture of the market.
I used to combine the indicators RSI, MACD and Boillinger Bands. But the market cryptocurrency can change suddenly, especially
if whales do market manipulation. So, don't just rely on it indicators but must be combined with other trading techniques. Such as
determining support and resistance prices.

[TriplexXx]

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

I often used CoinMarketCap, CoinCodex, and CoinGecko to find the most profitable altcoins to buy.
They are also free tools but it may take some time to find the right coin to buy don't rush as a beginner. Make sure to analyze the market carefully. 

[its-a-me-mario]

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?

IMO any indicator only really works with markets that have decent volume. Pump n dumps can't be predicted because it's coordinated manipulation, it's not price movement due to natural market actions. No chart that only looks at previous OHLCV data can predict if a group of ppl is going to coordinate a pump n dump, and any low volume market is too easily impacted by a small amount of capital to really make indicators reliable. If I can personally reverse a trend with only $2,000, no indicator will help you there.

As for indicators, I like these common ones, along with a couple custom ones I've built w/TradingView's PineScript language for custom indicators:

• MACD
• RSI
• Bollinger Band

[leowonderful]

One momentum-based indicator I like to use when the market's not ranging around or isn't moving strongly sideways is the parabolic SAR- it gives a pretty clear indicator of what the prevailing trend is during periods of volatility, and it's extremely simple to use as well. You'll notice dots above and under candles if you use the indicator, and dots below means a bullish trend and dot above means a bearish trend, while the dots starting to converge closer and closer to the candles means that the trend might be flipping.

This indicator also works decently well on almost any timeframe, though you're most likely going to get the best results on higher timeframes with it.

[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

I am also a trader who likes trend indicators, Moving Average and Exponential Moving Average indicators are classic indicators that are commonly used, but I don't really like this indicator because it is slow in detecting trends, but I have never tried trendmaster indicators, I will try to learn it.

Yea give it a shot

[teosanru]

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 think there is only one best trend indicator in market and that is price action. You don't need anything but just a knowledge of calculating market highs and lows in order to determine what trend it is. A series of two completed higher highs and higher lows indicate a bullish pattern and sentiment in the market while a couple of lower highs lower lows show that market is bearish. If there is a higher high and lower low then market is expanding and breakout will happen and similar thing is true when there is a series lower high and higher low.

Have a look at this:
Uptrend

source: Realfibonaccitrading.com
This indicates an uptrend as a series of Higher High and Higher lows indicated by HH & HL
Downtrend

source: Realfibonaccitrading.com
This indicates an downtrend as a series of Lower Highs and Lower lows indicated by LH & LL

[nelson4lov]

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

I often used CoinMarketCap, CoinCodex, and CoinGecko to find the most profitable altcoins to buy.
They are also free tools but it may take some time to find the right coin to buy don't rush as a beginner. Make sure to analyze the market carefully.  

What do you base your analysis on? Fundamental analysis, technical analysis or sentimental analysis?  After picking potential coins on coinmarketcap, CoinGecko... What do you do next? If you're just blindly buying coins, then you're doing it wrongly. I started like that and I learnt the hard way. I've seen other people who make this same mistake.Next time, After picking coins, do a bit of FA and TA before clicking the buy button.