Cryptokobi (OP)
Full Member
Offline
Activity: 683
Merit: 100
VOTE TO EARN - Here's your chance to VOTE, IMPACT
|
|
October 06, 2022, 06:09:25 AM |
|
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go!
|
|
|
|
Tytanowy Janusz
Legendary
Online
Activity: 2170
Merit: 1625
Top-tier crypto casino and sportsbook
|
|
October 06, 2022, 06:51:34 AM |
|
Support/resistance volume confirmed breakouts. RSI to find oversold/overbough territories And one of my creations - bear market bottom indicator - being bad news resistant. When bed news hits market and price is not hitting new lows, in fact it bounce back to pre-news levels ... it means that weak hands are gone. Called the bottom in 2019 I'm very bullish for bitcoin since finally it is bad news resistant. That's the first indicator of the end of bear market
We had CBOE delisting news without any dump (i know its not bad news but look at it from lambo investor perspective. All of them was waiting for bakkt and btc etf and ... bum bitcoin is being delisted from cboe) It was, in my opinion, fud producing news and should dump bitcoin). We had "bitfinex print 850 MM" news and only 3% dump? Under resistance? We should see dump at least 10% without this news simply from TA (fighting with very strong resistance, resting from 60% pump) had we had 3% dump with this news. We had binance 40MM hack and next day we have break 6k resistance.
|
|
|
|
Zilon
|
|
October 06, 2022, 07:11:20 AM Last edit: October 06, 2022, 07:24:16 AM by Zilon |
|
SMA, RSI and Bollinger band these are my key indicators. I use them all the time as the suit almost all market structure. For trending market i prefer combining trend lines and SMA then RSI. For accurate check on market volatility on a certain trend Bollinger band does the job perfectly. Before now my candle stick does the main analysis this indicators serves only as confirmation to whatever analysis done with candle stick.
RSI are really good to know when to wait for a trend so as to avoid trading an overbought or oversold region. Sometimes SMAs give wrong signals especially the 20 Day-SMA during consolidation at overbought and oversold regions. Knowing how to combine this indicators can be helpful if the are properly read and understood.
|
|
|
|
hd49728
Legendary
Offline
Activity: 2282
Merit: 1132
|
|
October 06, 2022, 07:36:35 AM |
|
Volume profile VPVR. Volume is like blood for human body and the market need to have capital flow in that is shown in voulme.
Average True Range ATR. It measures the level and time for next potential big movements.
Chande Kroll Stop. Explore it yourself. It is better than Bollinger bands.
Sum up, investment is better than trading. To trade successfully, you must have good skills and are very disciplined. It takes a lot of time from you too. More important, trading results in more pressure, more headache than investment.
|
| CHIPS.GG | | | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀░▄░▀▀▀▀▀░▄░▀███▄ ▄███░▄▀░░░░░░░░░▀▄░███▄ ▄███░▄░░░▄█████▄░░░▄░███▄ ███░▄▀░░░███████░░░▀▄░███ ███░█░░░▀▀▀▀▀░░░▀░░░█░███ ███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░███ ▀███░▀░▀▄██▀░▀██▄▀░▀░███▀ ▀███░▀▄░░░░░░░░░▄▀░███▀ ▀███▄░▀░▄▄▄▄▄░▀░▄███▀ ▀████▄▄▄▄▄▄▄████▀ █████████████████████████ | | ▄▄███████▄▄ ▄███████████████▄ ▄█▀▀▀▄█████████▄▀▀▀█▄ ▄██████▀▄█▄▄▄█▄▀██████▄ ▄████████▄█████▄████████▄ ████████▄███████▄████████ ███████▄█████████▄███████ ███▄▄▀▀█▀▀█████▀▀█▀▀▄▄███ ▀█████████▀▀██▀█████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀████▄▄███▄▄████▀ ████████████████████████ | | 3000+ UNIQUE GAMES | | | 12+ CURRENCIES ACCEPTED | | | VIP REWARD PROGRAM | | ◥ | Play Now |
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2506
Merit: 1394
|
|
October 06, 2022, 08:37:55 AM |
|
Just the basics. I don't want my chart very messy, I'm avoiding indicators that I really don't use. Stochastic Relative Strength Index(RSI) - This is my momentum indicator, for identifying strengths and weaknesses. Exponential Moving Average (EMA) - The name says it. I am using this with a combination of trendlines, like support and resistance.
|
|
|
|
AicecreaME
Sr. Member
Offline
Activity: 2464
Merit: 455
OrangeFren.com
|
|
October 06, 2022, 12:51:29 PM |
|
RSI, EMA, and the basics, like candle patterns and resistance and support area. Those are only the basics and easy to understand indicators that you could use. I stick to that since the beginning because it fits me, I understand it so well. Though, it might be a different thing for you, because it's all about trial and error when it comes to indicators.
I tried to use other indicators way back then but it just confused me so I get back to the old ways.
|
████████████████████ OrangeFren.com ████████████████████instant KYC-free exchange comparison████████████████████ Clearnet and onion available #kycfree + (prepaid Visa & Mastercard) ████████████████████
|
|
|
Hamphser
Sr. Member
Offline
Activity: 2604
Merit: 339
Vave.com - Crypto Casino
|
|
October 06, 2022, 07:50:29 PM |
|
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go! Support and Resistance Line - You could really make out some presumptions on where price would bottom or peak out. RSI- Trend change indicator, go for biases and confirmation specially looking for divergence. BB- Look for crossing and squeezes yet those are really indicating for possible change movement and EMA- Same as BB, but there are different EMA's on certain timeframe.It doesnt matter but these are the indicators which i do commonly use.
|
|
|
|
xSkylarx
|
|
October 06, 2022, 11:45:00 PM |
|
What's the top 3 trading indicators you are using
RSI, Volume and EMA are my top 3 indicators. I've been using those since I started to learn about trading and became my bread and butter during my newbie days to make some money to it. For me, there is no need to use many and complicated indicators. As long as you are able to do trading profitably, basic indicatos are already enough. It's also less stressful because your judgement will not be mess up by multiple indicators.
|
|
|
|
topman21
Legendary
Offline
Activity: 1176
Merit: 1056
|
|
October 06, 2022, 11:52:38 PM |
|
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go! MA, EMI, VOL I am using these three trading indicators in my trading platform.I have been involved in trading platforms for a long time but I always start trading on trading platforms using these three indicators.And although there is a need to use all the other indicators, I don't see that much need as I can get trading done with just these three.
|
| . SECONDLIVE | | | │ | | | | | | │ | | | | ▄▄███████▄▄▄ ▄▄████████████████▄▄ ██████████████████████▄ ████████▀▀▀██████████████ ███████▌ ▀█████████████ ████████▀ ▀▀▄▄██▀▀▀██████████ ███████ ▀████████ ███████▄ ████████ ████████▄▄ ▄████████ ███████████▄▄▄▄██████████ ▀█████████████████████▀ ▀████████████████▀▀ ██████████████████████ |
|
|
|
gabbie2010
|
|
October 07, 2022, 07:33:32 PM |
|
Two EMAs and RSI are the two major cryptocurrencies indicators I regularly used the former indicator to determine the price trend will the latter is used for confirmation of my trades by plotting divergence on the chart, though technical indicators do lag a lot thus I layed more emphasis on candlestick patterns using Price Action, personally I hate using different varieties of indicators on my chart because it's going to cause a lot of confusion and distractions that was why I kept my chart with just two indicators by keeping it simple
|
|
|
|
JeromeTash
Legendary
Offline
Activity: 2338
Merit: 1263
Heisenberg
|
|
October 07, 2022, 09:05:03 PM |
|
Currently, my favorites are the
1. Fibonacci retracement 2. MACD 3. 200 Day and 50 Day EMA for long term technical analysis 4. Sometimes i peep into RSI
|
|
|
|
Johnyz
|
|
October 07, 2022, 09:40:35 PM |
|
EMA, RSI and FIBO - These are the indicators I’m using every time I trade to see the actual trend and help me decide on my trading decision. Having this indicators can be a big help and it’s not that complicated. All you have to do is to put it in a right place, and have your analysis more easy and understandable. Trading is more fun if you’ll draw some line on the price chart, it’s challenging but you have to use indicators that can confirm your analysis, this is the only way to stay consistent in trading.
|
|
|
|
crzy
|
|
October 07, 2022, 09:48:03 PM |
|
I’m currently focus on this indicators because they seems to be more effective for me. 1. RSI 2. MA 3. MACD
Volume and price should not be forgotten as well, they are very important in your trade analysis and with that, it can help you more on your trading strategy. Spend more time with your strategy, trading takes a lot of work and sacrifices, if one indicator didn’t tell the signal then try to use the other and it might work.
|
|
|
|
DoublerHunter
|
|
October 07, 2022, 09:50:36 PM |
|
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go! ^In my own, RSI and MACD are pretty common indicators that I used even with my friends in trading. In my case, when the MACD line met the signal line side on the top that is my indicator that there is a bullish signal, determining the market is good and the color is green. I am sticking to on one trading indicator and never using another one because I know it will be hard for them to mix up.
|
|
|
|
goaldigger
|
|
October 07, 2022, 09:56:28 PM |
|
Not a pro in trading and just using the basic tools available in the platform that I’m using. Since I do shorts most of the time, I just need to use MA and RSI to see the possible trend and to know my possible entry. Trading can be more complicated if you use a lot of indicators so just use what’s best for you and maximize it. Also, many forget to focus on the volume and price because of too much lines on their chart already, I believe on their importance so better to have a clean chart as much as possible.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | │ | | │ | | BK8? | | | █▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄ | . PLAY NOW | ▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄█ |
|
|
|
Scripture
|
|
October 07, 2022, 11:09:53 PM |
|
Hey all,
Let's use the wisdom of the crowd.
What's the top 3 trading indicators you are using
I'll summarize the results in the end
Let's go! Indicators are very important as it serve it's purpose and I hope that every trader is using indicators for their own analysis and not will just depend on any trading signal. I personally having a hard time to use many indicators because I easily get confused if my chart is compose of many lines and indicators, so I only focus with the Price trend, the MA, and the RSI for me it works, as simple as that. Is there any trader here that makes profit even if not using any signal and indicators?
|
|
|
|
palle11
|
|
October 08, 2022, 01:04:51 PM Merited by fillippone (2) |
|
Is there any trader here that makes profit even if not using any signal and indicators?
I don't think so because if your trading platform is blank you can't have any direction to follow or at a time to exit. It is just like flying a plane without direction, you are bound to crash. RSI, EMA, and the basics, like candle patterns and resistance and support area. Those are only the basics and easy to understand indicators that you could use.
If you add support and resistance line , I am also good to go with this myself. Candle pattern and formation are very important in trading. I rely on it most of the time in my trading.
|
|
|
|
lixer
|
|
October 08, 2022, 05:50:59 PM |
|
What's the top 3 trading indicators you are using
RSI, Volume and EMA are my top 3 indicators. I've been using those since I started to learn about trading and became my bread and butter during my newbie days to make some money to it. For me, there is no need to use many and complicated indicators. As long as you are able to do trading profitably, basic indicatos are already enough. It's also less stressful because your judgement will not be mess up by multiple indicators. The three indicators you listed are very popular and I think that is because they are the most easiest and perfect for those who are getting started in trading but once you feel that you are used to them, you might also want to try out other indicators and see if they what benefits they can bring. Who knows? Maybe they work better than the previous one. Hard indicators won't be hard for no reason and maybe they are truly more rewarding? It was like those "more risk more reward" stuff's. Learning hard and risky things will make you grow you as a better person and once you accomplished them, you will view other things more easily.
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
|
|
October 10, 2022, 04:26:55 PM |
|
Bollinger Band always works, and Weekly MA is not that bad neither. I feel like I do not need a third one, if you really check what’s going on, these two will be hit one way or another if there is a good buying signal, but that doesn't mean that it will work for you, sometimes it looks like it’s going one way and then goes another way so you should always be careful about what’s going on.
These indicators are great for when you want to invest, but sometimes you end up failing on them as well if you are not careful and that’s an important thing. I personally feel like BB has been king for me for many years now, but even that fails time to time.
|
|
|
|
samcrypto
Sr. Member
Offline
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
|
|
October 11, 2022, 10:10:46 AM |
|
Is there any trader here that makes profit even if not using any signal and indicators?
I don't think so because if your trading platform is blank you can't have any direction to follow or at a time to exit. It is just like flying a plane without direction, you are bound to crash. Trading without indicators are mostly more on guessing which can result to a big loss to you. I do trade with a lot of indicators to compliment each other and I don’t focus on the three, though common indicators are RSI, MA, EMA and the other can help you with your target analysis. Use more indicators if you think you get the wrong signal, spend time with your analysis.
|
|
|
|
|