Are you using trading indicators?

[Kelvinid]

YES, of course, because I believe that the use of these things can help me to improve my TA and also become the basis to what action we need to do next.

RSI, MACD...these two are the indicators that I usually use. I'd also look for the others but based on my experience having a number of indicators could affect my decision making and I've noticed that it was not effective compared to using only 1-2 indicators. Sticking to the indicator that we see helps a lot is a great idea. We don't need them all, honestly.

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[Shasha80]

YES, of course, because I believe that the use of these things can help me to improve my TA and also become the basis to what action we need to do next.

RSI, MACD...these two are the indicators that I usually use. I'd also look for the others but based on my experience having a number of indicators could affect my decision making and I've noticed that it was not effective compared to using only 1-2 indicators. Sticking to the indicator that we see helps a lot is a great idea. We don't need them all, honestly.

If we trade without using trading indicators like gambling and the risk of making a mistake is quite large, because trading indicators make it easier
for us to predict where the market will move, so it greatly influences the decisions we will take when trading. So I think all successful traders can
use trading indicators well, therefore I also always use trading indicators every time I trade. What you said about trading indicators is true, we don't
need to use a lot of trading indicators, it will only make us confused in making decisions, and it must be admitted that based on my experience it is
not effective to use too many trading indicators. Just choose what we think is effective to use, like you only choose RSI and MACD to be used to
predict price movements in the market. Because RSI and MACD are basic indicators that many traders use to help determine when to buy and sell coins.
I also always rely on RSI and MACD every time I trade, even so I also occasionally use other trading indicators depending on the market situation.

[FanEagle]

It's okay to use stone for small activities but when it comes to building a house, it's not efficient. Those that don't use indicators are not real traders but they can be investors because investing is more easier, you can buy and sell without needing the use of complex tools like what you're doing with when you do trading.

Different kinds of indicators won't be there or won't be invented for no reason. They are not built to make traders more confused but they can be used by professional traders that are already bored by the basic indicators. They are just upping their game, they want more challenge so they use harder indicators. No need to copy them but you can stick on what makes you comfortable.

Stones have been used for centuries to build houses, maybe they knew something? In the end indicators could be beneficial if you use them, but they would hurt you if you simply rely on them. Just realize that indicators are there to "help" not give you instructions. There are so many people who react like indicators are guaranteed things and whatever you do, you need to just focus on making a profit from it at the same time.

I get that not many people are fine with using multiple different sources to make sure their decision is okay, but if you only look at indicators and nothing else then you are going to miss out on a lot of chances and also will end up making wrong decisions.

[AicecreaME]

If you are using indicators for trading, which ones have you used that make a good trades for you?

I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.

[stepwilli]

Doesnt matter on what technical indicators you would be using because this is actually very situational because there are indicators which are relevant to use on a specific condition where its up to you whether you do make use of it or would totally be using the other.As a trader then you should really be that versatile towards your actions and possible move or analysis that you would made.Come to think that not all the times this market does have some news or sentiments which it would be standard for a trader on making use of technicals to set out their positions whether on a bearish or bullish market.

Oh really? I thought all indicators are the same that delivers the same purpose but it's only just a matter of favoritism or preference if what you think it is good and easy for you but every pro traders must be using an indicator because it can help them win their trades while non pro traders are not using any of those because they don't know how those things works and to them they can still trade by simply looking the flow of the price in the charts.

Being versatile is a good trait to adopt because we can switch with the other if the other does not work well. It allows us to minimize the risk and it can allow you to make a consistent income whatever the conditions of the market.

[Johnyz]

If you are using indicators for trading, which ones have you used that make a good trades for you?

I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.

These are the common indicators that you can use in trading, very simple and effective but it became useless if you didn’t know how to use it properly so I agree that you should learn first how to read TA and don’t just depend on any hype. Indicators are your best friend here in the market, they can tell you the whole scenario and by this you can have your decision making, always analyze for your own good.

[milewilda]

If you are using indicators for trading, which ones have you used that make a good trades for you?

I'm using RSI for divergence and Fibonacci re-tracement to easily spot future support and resistance. These two are my favorites, so easy to use and understand. But you also have to know first of course how to read TA, and the basics to be able to understand what's those two for. I've been using EMA as well when I was just a newbie in trading, but it's too confusing for to use more than 2 indicators so I stick to two only.

These are the common indicators that you can use in trading, very simple and effective but it became useless if you didn’t know how to use it properly so I agree that you should learn first how to read TA and don’t just depend on any hype. Indicators are your best friend here in the market, they can tell you the whole scenario and by this you can have your decision making, always analyze for your own good.

You cant able to say it was effective unless you do make profits out of those indicators that you've been using but the most common would really be that support and resistance line on which it would
be mainly used or i could say it would be enough and the rest would really be depending on someones preference to add up like RSI or MACD or according to your own knowledge since
not all would really be that good on applying out indicators on specific conditions but actually learning them isnt really that hard because as a trader  then you should know on how these
indicators should be used since it would really be beneficial for long term.

[Benefactor]

I wouldn't bulge all them on an outline however as it will be indistinguishable on my end, I attempt to be perfect as conceivable on my diagrams so I can peruse it all the more obviously and comprehend it better. Markers are critical instruments that truly facilitates exchanging for me, and some way or another diminishes my hasty exchanging and losing minutes. Along these lines, that is for my own experience utilizing such.

[awik p]

Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do

[ReiMomo]

I just want to ask this question, are you using indicator for trading? If using it for trading, is it helping you. I just want to go beyond what we are reading online and see what people will have on this.

If you are using indicators for trading, which ones have you used that make a good trades for you?

Not all the times there would be news or fundamentals which you could make use on your trading analysis which simply means that you would really be mainly make use of technical indicators.
It wouldnt matter if its effective or not because the market is unpredictable and random which whether you do make use of indicators or not.
Naked trading or does have lots of indicators been used as for my own i do make use of

1. MA
2. RSI
3. MACD
4. Common support and resistance line

Depending or varying on what time frame you are tending to snip out some positions since
not all would be the same on what type of trader you are.

Yes always the indicators like MA, RSI, MACD might not help as at times the market will move up and down based on news on crypto market or on any particular coin we have invested on. Yes, besides the indicators, even one can assume / predict correctly on what is going to happen based on their experience. So the indicators, news around and the experience will equally add up and bring out right prediction.

[sulendra12]

I'm using these indicators from this video: https://www.youtube.com/watch?v=eHtJ4I4S4Vc

I'm pretty satisfied with the result so far and will keep using these method if the event suits my best, although it's pretty normal to lose because it's just a normal stuff in trading, you win some and you also lose some of your investment. I would try more indicators as the time goes on, but it will take time and could interfere your trading session ima be honest.

[ScamViruS]

Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do

Every trader keeps an eye on the market from their comfort zone. The indicator gives an idea about the movement of the market if the indicator can be used in the right way. An experienced trader must use different indicators to implement his strategy because there is no benefit in using his strategy without indicators.
So indicators are very important for a trader if he takes trades after doing market analysis.

[Captain Corporate]

Every trader keeps an eye on the market from their comfort zone. The indicator gives an idea about the movement of the market if the indicator can be used in the right way. An experienced trader must use different indicators to implement his strategy because there is no benefit in using his strategy without indicators.
So indicators are very important for a trader if he takes trades after doing market analysis.

 The different indicators also work to provide some sort of confirmation process as well. With a few different indicators, you could check from many angles and if all of them show the same thing then you could make a move based on that. It would be smart to double-check it from the charts and see if all of them shows the same thing. That doesn't mean that it has to be solely based on indicators, we all make silly trades on silly coins and tokens from time to time, just to check and see what happens, but that's a bit rare. So finding multiple indicators, and seeing if they all say the same thing is very important.

[JunkieMiner]

The one who analyze the coins by himself would be better rather than complying on some indicator that sometimes give you a wrong signal and all of the planning of a trader got destroyed and in vain, so I would prefer mostly that everyone should go about the coins in which they are trading and got some information about them after which they have much knowledge to analyze these coins as well.

[naira]

Doesnt matter on what technical indicators you would be using because this is actually very situational because there are indicators which are relevant to use on a specific condition where its up to you whether you do make use of it or would totally be using the other.As a trader then you should really be that versatile towards your actions and possible move or analysis that you would made.Come to think that not all the times this market does have some news or sentiments which it would be standard for a trader on making use of technicals to set out their positions whether on a bearish or bullish market.

Oh really? I thought all indicators are the same that delivers the same purpose but it's only just a matter of favoritism or preference if what you think it is good and easy for you but every pro traders must be using an indicator because it can help them win their trades while non pro traders are not using any of those because they don't know how those things works and to them they can still trade by simply looking the flow of the price in the charts.

Being versatile is a good trait to adopt because we can switch with the other if the other does not work well. It allows us to minimize the risk and it can allow you to make a consistent income whatever the conditions of the market.

All indicators are good, depending on the user himself and the level of mastery he has. Like the preferences of each of which have various types and choices. But however in any trading situation we just need the right method of applying the indicator. But the fact is that such an implementation in the field will be a difficult thing and even we are often in a hurry because we don't want to miss the trend. The biggest mistake of this kind is to make it an assumption that indicators are not effective.

[Pejoh Asu]

I usually trade when holiday or week end, I'm not too focused on learning trading such as trading indicators, analysis, graphics and so on, a few years ago I ever tried various techniques but the results did not guarantee the profit, it is better to choose a new listed To skyrocket in the short term then install the selling price of at least 50%.

[pawanjain]

I usually trade when holiday or week end, I'm not too focused on learning trading such as trading indicators, analysis, graphics and so on, a few years ago I ever tried various techniques but the results did not guarantee the profit, it is better to choose a new listed To skyrocket in the short term then install the selling price of at least 50%.

Nothing is actually guaranteed when you are trading. So if you think technical or fundamental analysis should give you guaranteed profits then you are wrong.
These analysis just gives the probability of the price to move in that direction and nobody can accurately predict how much a coin can go in one direction.
Basically, nobody can predict the top or bottom of a trend. Investing in a new coin is definitely a risky thing to do.
We can't say if it will hold it's value or people might dump it or it might turn out to be a scam coin instead.
So trade only with well established coins.

[Cling18]

I usually trade when holiday or week end, I'm not too focused on learning trading such as trading indicators, analysis, graphics and so on, a few years ago I ever tried various techniques but the results did not guarantee the profit, it is better to choose a new listed To skyrocket in the short term then install the selling price of at least 50%.

it is very risky if you apply it continuously, especially when the market is bearish,
because it will not guarantee that new tokens in the market will experience a continuous increase,
we must be able to do technical analysis,because it is very important to avoid big losses,

We couldn't avoid big losses especially if we're relying on indicators orany technical analysis because as for me, they can't guarantee you a sure profit. It would be an advantage if you'll know how to deal with every market situation and could decide based on your own analysis. It will take time to learn everything about trading but it will all be worth it.

[bitgolden]

Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do

I would say that if you are trading with indicators, that is a good weapon to have, but you still know how to use it, plus you still need to know what happens when it doesn't work.

I always say that trading without indicators is risky, trading with ONLY indicators is even riskier. Main reason is that because you have indicators, they are showing you what crypto should be doing, and usually it doesn't do what it should be doing and that is why people lose money on it.

When you are trading without indicators you could make mistakes and you know why you are making mistakes, but when you are trading with indicators and lose money, that is always a bit harder to understand why. A right combination of all technical strategies and risk management along with fundamental analysis only will lead a trader to make sustaining profits.

[bittraffic]

Trading without using indicators is difficult for me, especially naked trading. but with the help of trend lines and combining them with indicators, it is as if we have a handle for determining trades. although not all indicators show greatness, but often indicators provide direction for our trading goals and profits can be achieved. but basically determining support and resistance also helps to determine the market's defense area, among all of them we can look for what is comfortable for us to do

I would say that if you are trading with indicators, that is a good weapon to have, but you still know how to use it, plus you still need to know what happens when it doesn't work.

I always say that trading without indicators is risky, trading with ONLY indicators is even riskier. Main reason is that because you have indicators, they are showing you what crypto should be doing, and usually it doesn't do what it should be doing and that is why people lose money on it.

When you are trading without indicators you could make mistakes and you know why you are making mistakes, but when you are trading with indicators and lose money, that is always a bit harder to understand why. A right combination of all technical strategies and risk management along with fundamental analysis only will lead a trader to make sustaining profits.

If they are using it, obviously they should know how to use it. Most traders use the the RSI is simply because its the most used and widely explained that any newbie have learned to use it for identifying overbought and oversold. But they also need different indicators supporting RSI which is why its best to have other indicators along wit RSI.

One that I use is the Volume Osc. There are more to use but it may depend on the personality of the trader. Some draw lines to see high/lows and breakouts. Its not what others are doing because they only follow patterns and fundamental news in crypto.