Which indicators you use?

[JooBra]

I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

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[Oshosondy]

I used BB with RSI but I later understood that no matter the indicator that you use, no indicator that can not fail. The problem most traders faced and losing money is the wrong strategies that they are using, traders needs to use low amount of funds to start trading and to know how to make use more of averaging than stop loss. Averaging are for professional traders.

[JooBra]

I used BB with RSI but I later understood that no matter the indicator that you use, no indicator that can not fail. The problem most traders faced and losing money is the wrong strategies that they are using, traders needs to use low amount of funds to start trading and to know how to make use more of averaging than stop loss. Averaging are for professional traders.

Right now I'm testing those on low time frames and trying to be over 50% in good trades. But I'm trading small money like you sad, it's stress free. Even like this is hard to stay over 50% adding bigger funds and more stress it seams almost impossible to be in profit.

[palle11]

The indicators you mentioned are not really far from what others use and no indicator that is perfect because from time to time they also have some failure attributed to them especially when a trend is formed and volatility. What the difference is, you can look at your trading style and adjust it like your risk that you take. Reduce your risk, don't stay in the market all the time, use stop loss also.

[carlfebz2]

I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

RSI/MACD
MA
FIB
Support and resistance lines

and some various indicators basing up on market condition.
If much prefer i would really be liking to have that naked trading yet you could able to point out
on just looking those candle positions which is something varies on someones experience.
Doesnt matter on which one you would use as long it would really be that beneficial for you on whatever you are dealing with.

[sheenshane]

These could be the most common now.

• RSI
• MACD
• Bollinger Bands

Don't stick to one indicator, if one of them has consistent failures, switch quickly to another one.
There are too many of them to use, just DYOR for it if you really learn some indicators.

[xSkylarx]

Before when I was starting trading, for sure some of the people here have also done this, I've tried as many indicators in my chart so that I could see the better trade position but turns out it made me confuse lol I thought having a ton of it is that you can easily see when to trade. But later on, I decided to use only RSI, MACD, MA and Fibonacci lines this is really my main indicators and mostly I just draw the resistance and support lines since some indicators are I don't want the way it draws.

[mk4]

Nothing — I don't use "traditional" indicators at all, as I trade using narratives and social signals(mostly on Twitter, Reddit on rare cases); and to add to that, fundamentals — yes, as funny as it sounds you can use fundamental analysis on crypto on some cases.

[NicNacCoin]

I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

I trade using three indicators RSI, EMA, MA. But as far as I know the index is never responsible for losing trades. Most traders lose their money by using wrong strategy and trading at wrong time. OP the time you traded was not the right time to trade. You have traded using wrong strategy due to which you have lost trades. Trading indicators are never responsible for this.

[Oshosondy]

Nothing — I don't use "traditional" indicators at all, as I trade using narratives and social signals(mostly on Twitter, Reddit on rare cases); and to add to that, fundamentals — yes, as funny as it sounds you can use fundamental analysis on crypto on some cases.

It is good to keep to the strategies that is working for you but indicators are very important to many traders like me, but it also depends on the type of trading that you choose, indicators is very important for scalping and day trading, but using the right strategies to help in profiting even if indicators failed because indicators can fail. I have learned how to trade myself and I had several failure just because of the wrong strategies that I was using before. Indicators are very important if used with the right strategy. Fundamentals analyses are very important too just like you said.

[Jody.Drummer]

In my opinion, the indicators that you use are the most frequently used by people, RSI, MACD, BB are indicators that I also often use. But that goes back to which indicators we think are easier to use and also to understand. The indicators mentioned become important to determine in which direction the market moves. Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.

[palle11]

Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.

Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.

[Sterbens]

Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.

Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.

Yes, I agree with you, that candlesticks are not simple, because there are, say, "signals" to form the next candlestick. Beginners might look confused and wonder how it works, I even recommend beginners to study candlestick patterns before entering into trading. In practice it will indeed be more difficult than it looks, but it is very helpful in trading, especially if we are trading for a short time or scalping.

[Jody.Drummer]

Apart from the indicators, I usually also see candlestick patterns to determine price movements, this does look simple, but if we really understand the science of this, candlesticks are also very important for us to use as a way to determine movement.

Candlestick don't look simple for newbies and those that are still confused about it. Experienced traders can say so but not new traders because it can also confused the trader at high volatility time. Also, it is good when analysed using a longer time like daily, weekly and monthly.

In this case actually when saying new or novice traders I think it would not be very wise for them to do this.
For them, they are an exception, in my opinion, even though in the end they will be there, but for beginners, they should not trade first if they still don't know the knowledge and haven't studied trading techniques further.
It will only be a waste of their money if they will push themselves when they don't know this. Confused doesn't mean you can't but it doesn't mean you have to force yourself and it's better to learn more first so you don't just waste money trading.

[Hamza2424]

Dear buddy, it's up to the condition of the recent market and also the trade type. If you are going for a long time in the trade I will prefer the Moving Averages, particularly 20EMA and 50EMA. And with the basic support and resistance + MV a newbie can even trade easily and efficiently. 

[JooBra]

Dear buddy, it's up to the condition of the recent market and also the trade type. If you are going for a long time in the trade I will prefer the Moving Averages, particularly 20EMA and 50EMA. And with the basic support and resistance + MV a newbie can even trade easily and efficiently. 

Well then I'm doing something wrong since I'm doing okey not great with day trading. I keep doing it for quite some time now and still it's not easy...

[palle11]

Well then I'm doing something wrong since I'm doing okey not great with day trading. I keep doing it for quite some time now and still it's not easy...

Don't trade like you are gambling. It is a very serious business and career that if you understand and do it well, your future is guaranteed. Trade with analysis, get a jotter or book to relearn yourself, write things down and study important things. Also check your better trades that you have made profit in and compare your note to the times you have lost out. Always apply stop loss to your trade and you can reduce your losses that way.

[goaldigger]

I have been trading for a while now and have hit/miss success with it so I'm interested in which indicators you use the most? For me, right now I use EMA 50, Alligator and MACD/RSI(depends), and I try to make my decisions based on them and on my experience.

I’m using the basic indicators as well, just include Fibo on your list and that can be more ok.
Using indicators are necessary, we should trade and analyze with it because in trading your work is very important. Indicators tells us when to buy and sell, this is why its advisable to have this from time to time and adjust accordingly. If you can’t tell your analysis is correct, try other indicators to complement your analysis and make it right.

[kamvreto]

Nothing — I don't use "traditional" indicators at all, as I trade using narratives and social signals(mostly on Twitter, Reddit on rare cases); and to add to that, fundamentals — yes, as funny as it sounds you can use fundamental analysis on crypto on some cases.

Buy The Rumor Sell The News refers to a trading strategy whereby a trader buys coins based on speculation about an upcoming news or data announcement, and sells coins after the news is published. This can give traders an opportunity to buy securities before everyone wants to buy them, and to make a profit selling them when demand and prices increase.
This is a part of fundamental analysis that can be used in cases like when there are rumors of a centralized exchange collapsing and some good news about bitcoin adoption.

Disadvantages of this strategy include the lack of accuracy and the potential for missed opportunities if decisions are not made quickly enough.

No one can time the market with absolute certainty, buy rumors, and sell news trading strategies are no different. There are a number of reasons why this strategy failed to generate profits for traders.

[wxa7115]

I used BB with RSI but I later understood that no matter the indicator that you use, no indicator that can not fail. The problem most traders faced and losing money is the wrong strategies that they are using, traders needs to use low amount of funds to start trading and to know how to make use more of averaging than stop loss. Averaging are for professional traders.

Right now I'm testing those on low time frames and trying to be over 50% in good trades. But I'm trading small money like you sad, it's stress free. Even like this is hard to stay over 50% adding bigger funds and more stress it seams almost impossible to be in profit.

The win rate is important but it is not everything, the size of your wins and losses matter a lot and could make even strategies with a low accuracy profitable.

Lets suppose you had a strategy which only won one out of every three trades and it had a risk reward ratio of one to three, you will lose two dollars on your two losing trades but you will earn three dollars on your winning trade for a total profit of one dollar, as you can see even a system with a low win rate can be profitable, just make sure to paper trade your strategy and evaluate if your current strategy can still be profitable despite its low winning rate.