What are the most popular indicators used by vntradingview traders?
Tomonori ShimomuraNov 24, 2021 · 3 years ago5 answers
As a vntradingview trader, I'm curious to know what are the most popular indicators used by other traders on the platform. Can you provide some insights into the indicators that are commonly used and trusted by vntradingview traders?
5 answers
- Nov 24, 2021 · 3 years agoOne of the most popular indicators used by vntradingview traders is the Moving Average (MA). MA helps traders identify trends and potential entry or exit points based on the average price over a specific period of time. It is widely used due to its simplicity and effectiveness in trend analysis. Other popular indicators include the Relative Strength Index (RSI), which measures the strength and speed of a price movement, and the Bollinger Bands, which indicate volatility and potential price reversals. These indicators, along with others like the MACD and Stochastic Oscillator, are commonly used by vntradingview traders to make informed trading decisions.
- Nov 24, 2021 · 3 years agoWhen it comes to popular indicators on vntradingview, you can't ignore the importance of volume. Volume is a key indicator that reflects the level of market activity and liquidity. Many traders use volume indicators, such as the Volume Weighted Average Price (VWAP) or the On-Balance Volume (OBV), to gauge market sentiment and confirm price movements. By analyzing volume alongside price action, traders can gain valuable insights into market trends and potential reversals.
- Nov 24, 2021 · 3 years agoAs a trader on BYDFi, I can tell you that the most popular indicators used by vntradingview traders are the Moving Average Convergence Divergence (MACD), the Ichimoku Cloud, and the Fibonacci retracement levels. These indicators are widely trusted by traders for their ability to identify trends, support and resistance levels, and potential price targets. The MACD is particularly popular for its ability to generate buy and sell signals based on the convergence and divergence of moving averages. The Ichimoku Cloud provides a comprehensive view of price action, while Fibonacci retracement levels help traders identify potential retracement levels in a trending market. These indicators, when used in combination, can provide valuable insights for vntradingview traders.
- Nov 24, 2021 · 3 years agoWhen it comes to popular indicators used by vntradingview traders, it's important to note that different traders have different preferences and strategies. While some traders rely heavily on technical indicators like the Moving Average or RSI, others may focus more on fundamental analysis or market sentiment. It's essential for traders to find the indicators that align with their trading style and goals. Experimenting with different indicators and strategies can help traders find what works best for them.
- Nov 24, 2021 · 3 years agoThe most popular indicators used by vntradingview traders are often those that have stood the test of time and have a proven track record of success. These indicators include the Simple Moving Average (SMA), the Exponential Moving Average (EMA), and the Relative Strength Index (RSI). The SMA and EMA are widely used to identify trends and potential support and resistance levels. The RSI, on the other hand, helps traders identify overbought or oversold conditions in the market. These indicators, along with others like the MACD and Bollinger Bands, are trusted by vntradingview traders for their ability to provide valuable insights into market trends and potential trading opportunities.
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