Are you using trading indicators?

[Tahsin Kabir Kollol]

Trade indicators are an important factor in trading. These indicators are very helpful in decision-making and market analysis on various trading-related issues. I'm most certainly use indicators to see market status very much like what was referenced by the others. At the point when the market is still up at that point, exchanging choices could be formed and done likewise. My favorite trading indicators are Fibonacci Bollinger Bands and Support Resistant & Candlestick Patterns. When it comes to investing in different types of cryptocurrencies, I mainly analyze these trading indicators along with some fundamental news.

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[pragna]

Basically i don't use any indicator for trading. I just follow the team and their update on my targeted coin. I also follow the project purpose and chain and their mission vision. Besides these i follow present situation of around us about crypto market and history of that coin. So i think when i summarize all these questions, they help me on trading.

[Wong Gendheng]

Currently there are too many trading indicators and it makes me confused because 1 indicator is sometimes different from other indicators, the best thing I do is use charts to analyze the next price movement, although it does not guarantee profit but at least this can make me continue to learn to improve trading technique.

[ajochems]

Not all the indicators are real.Some are fake,because the people making use of scam indicators without the knowledge.You can use of many trading chats instead of the using the indicators.Because with my knowledge,most of the indicators are fake and not a potential one.And you can use of candlestick and draw the chart using the candlestick flow.Trading for crypto was based on chart.

[Franctoshi]

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?
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Indicators are tools meant for TA in order to help you have a clearer view on the market and support your analysis to properly identify market direction even though you're a professional trader I guess they sometime use it because no one is 100% accurate when it comes to trading.
 The indicators I found more favourable to Use is the 200 MA , 50 MA and the RSI in order not to complicate issues I don't keep them on my chart I use them when it the right time

[Fatunad]

Not all the indicators are real.Some are fake,because the people making use of scam indicators without the knowledge.You can use of many trading chats instead of the using the indicators.Because with my knowledge,most of the indicators are fake and not a potential one.And you can use of candlestick and draw the chart using the candlestick flow.Trading for crypto was based on chart.

There's no such fake indicators if you do just know on what are their uses and how to use them.You would definitely say about being fake is into those analysis given or being shared by someone
but you cant actually tell if its really a shit one or not basing off on market movement. Of course trading indicators are useful and does have their own function thats why a trader should
really be that versatile on making use of  these tools for them to make out some good analysis on the market even though it wont be that precise but its better rather than have nothing at all.

[Webetcoins]

Currently there are too many trading indicators and it makes me confused because 1 indicator is sometimes different from other indicators, the best thing I do is use charts to analyze the next price movement, although it does not guarantee profit but at least this can make me continue to learn to improve trading technique.

Obviously they can't all be the same and they shouldn't put the others if all of them are still going to be the same. There are different kinds but who says you are going to use them all? if your a beginner you can start on the easiest one, I think it was in default or idk but maybe it can also depend on the platform that you are using. You use chart but a chart is not a tool.

Charts are already there to see the price movements but it can still help you predict if where will the price will go. That is better than not using the charts at all. I know someone that buys and sells randomly though. Trading does not guarantee a profit so don't worry you are not far from the other better traders.

[Bamjos]

The only indicator I employ in my trading presently is RSI because it's easy for me to understand alongside identifying POI (point of interest) using order blocks (OB) and BOS (break of structure) with successive retrace/reversal... I also use lines at times to clearly see the pattern of the market, meanwhile, I don't like complicating matter for myself, that's the reason I'm presently on a journey to refine my strategies and settle for the best.

[nhaila]

Actually in the trading platform I always follow current market situation and trading volume and relative strength index (RSI) . Every trading strategies should follow trip for a successful trading system..
Don't trade with greedy
Don't trade with out of your budget
Don't trade with borrowing.

[palle11]

Don't trade with borrowing.

This is obviously true not to trade with borrowed money. A borrowed money from friends or bank is not good for trading because it will put pressure on you, there is hardly people who have made it in trading by money that they borrowed. Trading is high liquidity risk so it is better done with your personal money not that you are trading with the hope of making repayment of loan, not healthy for trading.

[Helpme_please]

Basicly using indicator will help us to find confirmation signal for our trade. Without any confirmation we could trapped in wrong position for example fake breaout or fake reversal. Some people didnt using any indicator , but still profits because they were familier with market habbit and could identify in which level price will bounce or pullback. Personally i am still use indicator to help identy trend continuation or reversal.

[ningrum]

Basicly using indicator will help us to find confirmation signal for our trade. Without any confirmation we could trapped in wrong position for example fake breaout or fake reversal. Some people didnt using any indicator , but still profits because they were familier with market habbit and could identify in which level price will bounce or pullback. Personally i am still use indicator to help identy trend continuation or reversal.

Trading indicators are very helpful indeed, but if we use many indicators in one layer it may confuse us,
that is my experience, because I used Tradingview, and tried to use 6 indicators, but unfortunately it didn't help,
and now I only use RSI and only the Trend line, yes indeed a trader has his own way

[Natalim]

Trading indicators are very helpful indeed, but if we use many indicators in one layer it may confuse us,
that is my experience, because I used Tradingview, and tried to use 6 indicators, but unfortunately it didn't help,
and now I only use RSI and only the Trend line, yes indeed a trader has his own way

It helps but not necessarily we have to use them all, yes, some didn't work effectively, we'd better check the chart instead and do TA. And I believe these are more useful than those indicators. In fact, I'd spend more time analyzing the market trend.
RSI and MCAD are usually I'd used and which I found working.

But, in trading, this really matters in our decision-making and strategies. Even though we all are using the same indicator but the results are quite different, of course, not. 

[AnonBitCoiner]

I am not using my indicator for trading. I just look for News like Hardfork,Upgrade,Marketplace, Game launch and other news of project and buy I'm rumours. This work very good for me and given me profit many times. Sometime I faced loss but profit ratio is high. For Indicator need time and I have not so much time to read and observe. My friends used indicators and they said they are making daily profit.

[Taskford]

Trading indicators are very helpful indeed, but if we use many indicators in one layer it may confuse us,
that is my experience, because I used Tradingview, and tried to use 6 indicators, but unfortunately it didn't help,
and now I only use RSI and only the Trend line, yes indeed a trader has his own way

It helps but not necessarily we have to use them all, yes, some didn't work effectively, we'd better check the chart instead and do TA. And I believe these are more useful than those indicators. In fact, I'd spend more time analyzing the market trend.
RSI and MCAD are usually I'd used and which I found working.

But, in trading, this really matters in our decision-making and strategies. Even though we all are using the same indicator but the results are quite different, of course, not. 

We shouldn't trade if we don't see the chart because this is important thing to do decision upon trading since if you are just listening on what people tells your or doing some wild guess upon buying then provably you will go on situation which the coin you buy is at the peak and this is not good state if we talk about trading. In trading it always matter on the person who do trades because we have different inputs on every situation of the market.

[Questat]

I am not using my indicator for trading. I just look for News like Hardfork,Upgrade,Marketplace, Game launch and other news of project and buy I'm rumours. This work very good for me and given me profit many times. Sometime I faced loss but profit ratio is high. For Indicator need time and I have not so much time to read and observe. My friends used indicators and they said they are making daily profit.

The use of indicators is optional, in fact, many successful traders don't use it, they are using their own strategies. News, social media, and Hardfork contributed changes to the market trend which is also can be made as a basis of what action we need to do next. Yes, sometimes we just rely on those things and see the importance of these things in making an analysis and honestly, they are more effective than these trading indicators.

[Joyawan13]

indeed every trader has a different strategy to be able to profit in their trading, whether it's using indicators or reading news, from social media or from any source, the most important thing is that they can understand how to make good trades and can make profits, over time Of course, over time, you will definitely be able to analyze market prices and be patient or sometimes get caught in the trade, I'm sure if you can keep trying and don't give up easily, we will definitely be successful.

[shawon01]

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.

The ones that are usually here are the training ones that are very easy to use and effective for those who are trading from here but if you are not using them properly then you need to know whether it is useless or not.  How does it not just depend on the formulas of a hype? The top indicators of your hype in the market have to choose which one is the best.

[Yamifoud]

indeed every trader has a different strategy to be able to profit in their trading, whether it's using indicators or reading news, from social media or from any source, the most important thing is that they can understand how to make good trades and can make profits, over time Of course, over time, you will definitely be able to analyze market prices and be patient or sometimes get caught in the trade, I'm sure if you can keep trying and don't give up easily, we will definitely be successful.

Traders will indeed find a way to succeed and make a profit despite the volatility of the market. They use everything that is available in the market, in fact, the use of indicators is not the only thing available and could give assurance for them.
News, price charts, indicators...so many options to choose from but, of course, will choose the one that could help us most. RSI, MACD, and a lot of trading indicators, however, not all of them are effective.

But what I see that we needed most is to improve our TA, skill, and decision-making.

[horrifiedx1]

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.

The ones that are usually here are the training ones that are very easy to use and effective for those who are trading from here but if you are not using them properly then you need to know whether it is useless or not.  How does it not just depend on the formulas of a hype? The top indicators of your hype in the market have to choose which one is the best.

the incorporation of indicators is indeed according to our taste. most importantly we can understand the treatment of indicators so that we can determine actions. like RSI and Fibonacci, both of which will show divergence signals for example, and in our fibo we see that the price is in the 50%-60% area, then this is the right area to buy, and after buying we determine the target to take profit Of course, there will be cardiac exercises when we monitor the market, but we must focus on our own analysis