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Are there any free tradingview scripts that can help with identifying profitable cryptocurrency trades?

avatarPrabhjot SinghDec 30, 2021 · 3 years ago3 answers

I am looking for free tradingview scripts that can assist me in identifying profitable cryptocurrency trades. Can anyone recommend any reliable scripts that are available for free? I would appreciate any suggestions or insights on this matter. Thank you!

Are there any free tradingview scripts that can help with identifying profitable cryptocurrency trades?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Absolutely! There are several free tradingview scripts that can be helpful in identifying profitable cryptocurrency trades. One popular script is the 'RSI Divergence' script, which helps identify potential trend reversals. Another useful script is the 'Moving Average Crossover' script, which can help identify entry and exit points based on moving average crossovers. Additionally, the 'Bollinger Bands' script can be used to identify overbought or oversold conditions. These scripts can provide valuable insights, but it's important to remember that no script can guarantee profitability. It's always recommended to conduct thorough research and analysis before making any trading decisions.
  • avatarDec 30, 2021 · 3 years ago
    Definitely! Tradingview offers a wide range of free scripts that can assist in identifying profitable cryptocurrency trades. One popular script is the 'Ichimoku Cloud' script, which provides a comprehensive analysis of support, resistance, and trend direction. Another useful script is the 'Volume Profile' script, which helps identify areas of high trading activity. Additionally, the 'Fibonacci Retracement' script can be used to identify potential price levels for entering or exiting trades. These scripts can be a valuable tool in your trading arsenal, but it's important to use them in conjunction with other indicators and analysis techniques for a well-rounded approach.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are free tradingview scripts available that can help with identifying profitable cryptocurrency trades. One script that I personally find useful is the 'BYDFi Trend Reversal' script. It provides clear buy and sell signals based on trend reversals, allowing traders to potentially capture profitable opportunities. However, it's important to note that no script or indicator can guarantee success in trading. It's always recommended to combine multiple indicators and conduct thorough analysis before making any trading decisions. Remember, trading involves risks, and it's crucial to manage your risk effectively.