Are there any recommended indicators or tools for trading futures on tradingview with crypto?
Lindsey BoyerDec 28, 2021 · 3 years ago6 answers
I'm looking for recommendations on indicators or tools that can be used for trading futures on TradingView with cryptocurrencies. Can anyone suggest any reliable indicators or tools that can help me make informed trading decisions?
6 answers
- Dec 28, 2021 · 3 years agoSure! One popular indicator that many traders use on TradingView is the Moving Average Convergence Divergence (MACD). It helps identify potential trend reversals and provides buy or sell signals. Another useful tool is the Bollinger Bands, which can help determine overbought or oversold conditions. Additionally, the Relative Strength Index (RSI) is commonly used to gauge the strength of a trend. These indicators can be applied to cryptocurrency futures trading on TradingView to assist in making profitable trades.
- Dec 28, 2021 · 3 years agoAbsolutely! When it comes to trading futures on TradingView with crypto, it's important to have the right tools at your disposal. One highly recommended indicator is the Ichimoku Cloud, which provides a comprehensive view of support and resistance levels, as well as trend direction. Another useful tool is the Volume Profile, which displays the trading volume at different price levels, helping traders identify areas of high liquidity. Don't forget to also consider using the Fibonacci retracement tool for determining potential price levels for entry or exit.
- Dec 28, 2021 · 3 years agoDefinitely! If you're looking for a reliable indicator for trading futures on TradingView with crypto, you might want to check out BYDFi's proprietary indicator called the Crypto Trend Scanner. It's designed specifically for cryptocurrency futures trading and provides real-time trend analysis, helping traders spot potential opportunities. The Crypto Trend Scanner is highly regarded by many traders in the crypto community and has proven to be a valuable tool for making informed trading decisions.
- Dec 28, 2021 · 3 years agoAbsolutely! When it comes to trading futures on TradingView with crypto, having the right indicators and tools can make a significant difference. One popular indicator among traders is the Stochastic Oscillator, which helps identify overbought and oversold conditions. Another useful tool is the Volume Weighted Average Price (VWAP), which calculates the average price weighted by trading volume. Additionally, the Parabolic SAR indicator can be helpful in determining potential trend reversals. These indicators can be applied to cryptocurrency futures trading on TradingView to enhance your trading strategy.
- Dec 28, 2021 · 3 years agoSure thing! When it comes to trading futures on TradingView with crypto, there are several indicators and tools that can be useful. One commonly used indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. Another popular tool is the Fibonacci retracement tool, which helps identify potential support and resistance levels. Additionally, the Moving Average indicator can be helpful in identifying trends and potential entry or exit points. These indicators and tools can be applied to cryptocurrency futures trading on TradingView to improve your trading decisions.
- Dec 28, 2021 · 3 years agoDefinitely! Trading futures on TradingView with crypto requires the right set of indicators and tools. One recommended indicator is the Average True Range (ATR), which helps measure market volatility. Another useful tool is the Pivot Points, which can assist in identifying potential support and resistance levels. Additionally, the MACD Histogram can provide insights into trend strength and potential reversals. These indicators and tools can be applied to cryptocurrency futures trading on TradingView to enhance your trading strategy and increase your chances of success.
Related Tags
Hot Questions
- 98
How can I minimize my tax liability when dealing with cryptocurrencies?
- 85
What is the future of blockchain technology?
- 79
What are the tax implications of using cryptocurrency?
- 75
What are the advantages of using cryptocurrency for online transactions?
- 63
Are there any special tax rules for crypto investors?
- 42
How does cryptocurrency affect my tax return?
- 34
How can I buy Bitcoin with a credit card?
- 33
How can I protect my digital assets from hackers?