Can someone please help with most successful technical indicators?

[God bless u]

Technical indicators are not a good choice if you're relying on them completely for trading. That's not a problem to suggest you some like MACD, RSI etc. These are mostly used by traders but my opinion is different ok using them for trading.

If you are completely on these you'll be more at loss than in profits. I'll advise you to use a single indicator, practice it become a master in it this strategy will allow you to shortlist some points for trading into a particular project. Then do manual research and again check the points that you noted whether they go on with what I'm thinking or not. This will save you from losses.

[1714987139]

1714987139

[1714987139]

1714987139

[1714987139]

1714987139

[Awaklara]

Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.

I believe more traders use the MA, MACD, and RSI indicators. but still, not all indicators will work accurately. some traders find their formulas with some market characteristics of certain kin. they can use some indicators, but still it can't work for everyone.
By the way, what indicators have you used in your trading? You can share where the indicators you use are inaccurate. it shares information that I think could be informative for other traders.

[el kaka22]

I do agree that most of these listed here already are good ones. RSI is probably the most common one ever, I think that is used the most by everyone, I am not saying that if you use RSI you will profit, of course people who used RSI and still lost at times, I am just saying it is the most used one. MACD and Bolling Band is probably close seconds as well, they are used a lot, EMA and so forth could be added here as well.

I personally believe that when you combine them all, like find something that is quite good for you on the long run, you end up doing better. I am not saying that it is the only way to make money, you could check out some other ones as well and maybe you will do better and maybe you will find something decent, but that doesn't mean that you shouldn't look at these too, they are quite good.

[kentrolla]

I would like to thnks everyone for sharing the insights as it was really helpful and the best part is i didn't get any false suggestions like we get in social media by sharing an indicator with false win rates.

What I have learnt from the insights shared is that we cannot rely on any indicator as nothing is accurate. Better to stick to basics like RSI, BB, MACD, Moving averages, Etc and use the combination and backtest ourself to find the most appropriate one.

[Rruchi man]

Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH

There are some very successful traders who as a result of experience and the long time they've been trading in the market no longer depend on indicators to tell them which direction the market is going, But as a beginner and at some intermediate level, the understanding of technical indicators will provide a better view of the market. Not all indicators make meaning or are easy to observe in a chat so if you must become conversant with technical indicators you have to make sure that you are selective to pick the indicators with a lot of meaning that many traders agree to.  

Now in trying to make a choice on the indicator to use, you have to practice and then pick the one which you can easily identify and the one which you understand most because the most simpler and easier to understand an indicator is, the higher your success in trading can be.

[Kelvinid]

I would like to thnks everyone for sharing the insights as it was really helpful and the best part is i didn't get any false suggestions like we get in social media by sharing an indicator with false win rates.

What I have learnt from the insights shared is that we cannot rely on any indicator as nothing is accurate. Better to stick to basics like RSI, BB, MACD, Moving averages, Etc and use the combination and backtest ourself to find the most appropriate one.

Yes, using these indicators is not only the ticket for your success but of course, this will help you as well (not a lot). Still in the end, it is our emotional control, strategies, and market analysis that is very important and it is believed that looking at the price chart will somehow give us hints on the next step we should take.

We don't get fooled by these social media actors and actresses, many of these people are not in actual trading. As we are personally doing this, we can attest to what is really the life of a trader and how risky it is.

[taufik123]

Not promising?
You are not in a choice, but it depends on a habit and understanding of each indicator you use.
Every technical indicator on trading view can be used to its full potential if you master it.

Even the indicators that are quite commonly used namely MACD, RSI, MA and Bollinger are good enough for you to use if you can maximize them.
Don't overdo it to use too many indicators, especially if you don't master them.

Try to use only 1 or 2 indicators and understand what they work and function.
If you already understand and master it, you can easily read market conditions with any indicator, not specifically requiring indicators that are too complicated.

[OcTradism]

Not promising?
You are not in a choice, but it depends on a habit and understanding of each indicator you use.
Every technical indicator on trading view can be used to its full potential if you master it.

Even the indicators that are quite commonly used namely MACD, RSI, MA and Bollinger are good enough for you to use if you can maximize them.

Simple indicators can be used for trading with Spot. Spot trading is best for traders because there is no risk of liquidations with Spot Trading.

If traders want to chase big profit, get rich quick, they will use Margin and Futures Trading types that are more risky to lose money than Spot Trading.

I very agree with you that professional traders don't complicate their charts and trading plans with overused indicators that are not necessary for their trading at all.

Whatever indicators they use, they all must use Stop loss, Stop limit orders to manage risk better.

[tvplus006]

Hey Folks, this is not for everyone this is only for those who have been using technical indicators for Crypto trading and not bot, if you could please share which is the best trading indicators (most successful with higher win ratio) especially for Bitcoin and ETH it would be really helpful I have been testing few technical indicators in tradingview but nothing has been promising if I backtest the data. I have tried searching this but could find a valid answer.

You have already been offered to test various indicators in sufficient quantities, but you must understand that there is no one using which you will get a 100% correct forecast. And if you see on one indicator that you need to open a long position, then check the correctness of the forecast with other indicators.

[Bushdark]

I would like to thnks everyone for sharing the insights as it was really helpful and the best part is i didn't get any false suggestions like we get in social media by sharing an indicator with false win rates.

What I have learnt from the insights shared is that we cannot rely on any indicator as nothing is accurate. Better to stick to basics like RSI, BB, MACD, Moving averages, Etc and use the combination and backtest ourself to find the most appropriate one.

Just like you have mentioned, theses are good indicators but there are also others you can use to trade in the market.
I think one thing you will have to understand is that just a single indicator can not give you the kind of results you are looking for, you will have to use indicators with fundamental analysis so that you don't keep getting it wrong so incase they pumped the market without your awareness and everything falling at the wrong side. Please, since you have set your hands on some of the indicators make sure you use them wisely and also learn how to use them.