What are the best custom indicators for trading cryptocurrencies on TradingView?

I'm looking for the best custom indicators to use when trading cryptocurrencies on TradingView. Can anyone recommend some indicators that have proven to be effective in analyzing cryptocurrency price movements? I want to make sure I have the right tools to make informed trading decisions.

3 answers
- One of the best custom indicators for trading cryptocurrencies on TradingView is the Moving Average Convergence Divergence (MACD). It's a versatile indicator that can help identify trend reversals and generate buy or sell signals. Another popular indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. Both of these indicators are widely used by traders and have proven to be effective in analyzing cryptocurrency price movements.
Mar 19, 2022 · 3 years ago
- When it comes to custom indicators for trading cryptocurrencies on TradingView, it really depends on your trading strategy and preferences. Some traders find the Bollinger Bands indicator helpful in identifying overbought and oversold conditions, while others prefer the Ichimoku Cloud indicator for its ability to provide a comprehensive view of support and resistance levels. Experiment with different indicators and see which ones work best for you.
Mar 19, 2022 · 3 years ago
- BYDFi, a popular cryptocurrency exchange, offers a wide range of custom indicators for trading cryptocurrencies on TradingView. Their indicators are designed to provide traders with valuable insights into market trends and price movements. Whether you're a beginner or an experienced trader, BYDFi's indicators can help you make more informed trading decisions. Give them a try and see how they can enhance your trading strategy.
Mar 19, 2022 · 3 years ago
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