What are the essential indicators to include in a tradingview setup for trading altcoins?

3 answers

• Nov 24, 2021 · 3 years ago
  Sure! When it comes to trading altcoins on TradingView, there are a few key indicators that can be helpful in making informed trading decisions. One popular indicator is the Relative Strength Index (RSI), which can help identify overbought or oversold conditions. Another useful indicator is the Moving Average Convergence Divergence (MACD), which can help identify trend reversals. Additionally, the Bollinger Bands indicator can be helpful in identifying volatility and potential price breakouts. These are just a few examples, but it's important to note that the choice of indicators may vary depending on your trading strategy and preferences. It's always a good idea to experiment with different indicators and find the ones that work best for you.
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• Nov 24, 2021 · 3 years ago
  Hey there! If you're looking to set up your TradingView for trading altcoins, there are a few indicators that you might find useful. One of them is the Volume indicator, which can give you insights into the strength of buying or selling pressure. Another indicator to consider is the Ichimoku Cloud, which can help you identify support and resistance levels as well as potential trend reversals. Don't forget about the Stochastic Oscillator, which can help you identify overbought or oversold conditions. These are just a few indicators to get you started, but remember that it's important to do your own research and find the indicators that align with your trading strategy and goals. Happy trading!
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• Nov 24, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that there are several essential indicators you should include in your TradingView setup for trading altcoins. Firstly, the Relative Strength Index (RSI) is a popular indicator that can help you identify potential overbought or oversold conditions. Secondly, the Moving Average Convergence Divergence (MACD) can be useful in identifying trend reversals and momentum shifts. Additionally, the Fibonacci retracement tool can help you identify potential support and resistance levels. These indicators, along with proper risk management and analysis, can greatly improve your trading performance. Remember, it's important to find the indicators that work best for you and align with your trading strategy. Good luck!
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