Which indicators should I include in my tradingview screener for analyzing digital assets?
Prasenjit DasDec 17, 2021 · 3 years ago3 answers
I'm using TradingView to analyze digital assets, but I'm not sure which indicators I should include in my screener. Can you recommend some indicators that are effective for analyzing digital assets?
3 answers
- Dec 17, 2021 · 3 years agoWhen it comes to analyzing digital assets on TradingView, there are several indicators that can be helpful. One popular indicator is the Moving Average, which can help identify trends and potential entry or exit points. Another useful indicator is the Relative Strength Index (RSI), which can indicate overbought or oversold conditions. Additionally, the Bollinger Bands can help identify volatility and potential price breakouts. These are just a few examples, and it's important to consider your trading strategy and goals when selecting indicators for your screener.
- Dec 17, 2021 · 3 years agoChoosing the right indicators for your TradingView screener can greatly enhance your analysis of digital assets. Some commonly used indicators include the MACD (Moving Average Convergence Divergence), which can help identify trend reversals, and the Stochastic Oscillator, which can indicate overbought or oversold conditions. Don't forget about volume indicators like the On-Balance Volume (OBV), which can provide insights into buying and selling pressure. Experiment with different combinations of indicators to find what works best for your trading style.
- Dec 17, 2021 · 3 years agoAt BYDFi, we recommend including indicators such as the Ichimoku Cloud, which provides a comprehensive view of support and resistance levels, as well as the Average True Range (ATR), which can help gauge volatility. Additionally, the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are commonly used indicators for analyzing digital assets. Remember to consider your trading strategy and risk tolerance when selecting indicators for your TradingView screener.
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