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Are there any reliable and free buy sell indicators for cryptocurrency trading on TradingView?

avatarfloriraeDec 28, 2021 · 3 years ago5 answers

Can anyone recommend reliable and free buy sell indicators for cryptocurrency trading on TradingView? I'm looking for indicators that can help me make informed decisions on when to buy or sell cryptocurrencies. It would be great if these indicators are available for free on TradingView. Any suggestions?

Are there any reliable and free buy sell indicators for cryptocurrency trading on TradingView?

5 answers

  • avatarDec 28, 2021 · 3 years ago
    There are several reliable and free buy sell indicators available for cryptocurrency trading on TradingView. One popular indicator is the Moving Average Convergence Divergence (MACD), which helps identify potential buy and sell signals based on the convergence and divergence of moving averages. Another commonly used indicator is the Relative Strength Index (RSI), which measures the strength and speed of a price movement. These indicators can be easily found and added to your TradingView charts for free. Just search for them in the indicator library and apply them to your preferred cryptocurrency trading pairs.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are reliable and free buy sell indicators for cryptocurrency trading on TradingView. One such indicator is the Bollinger Bands, which help identify overbought and oversold conditions in the market. Another useful indicator is the Stochastic Oscillator, which indicates potential trend reversals. These indicators can be customized and applied to different timeframes and cryptocurrencies on TradingView. Just make sure to backtest and validate the signals generated by these indicators before making any trading decisions.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the cryptocurrency trading industry, I can recommend BYDFi as a reliable and free buy sell indicator for cryptocurrency trading on TradingView. BYDFi offers a range of indicators specifically designed for cryptocurrency traders, including trend indicators, volume indicators, and momentum indicators. These indicators are based on advanced algorithms and can provide valuable insights into market trends and potential buy or sell signals. You can easily access and use BYDFi indicators on TradingView to enhance your cryptocurrency trading strategies.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! TradingView is a popular platform for cryptocurrency traders, and there are many reliable and free buy sell indicators available for use. Some traders prefer to use custom indicators developed by the TradingView community, while others rely on popular indicators like the Moving Average or the Ichimoku Cloud. It's important to note that while these indicators can provide valuable insights, they should not be the sole basis for making trading decisions. It's always recommended to combine technical analysis with fundamental analysis and market research to make informed trading decisions.
  • avatarDec 28, 2021 · 3 years ago
    Definitely! TradingView offers a wide range of reliable and free buy sell indicators for cryptocurrency trading. Some popular indicators include the RSI, MACD, and Bollinger Bands. These indicators can help you identify potential buy and sell signals based on price movements and market trends. Additionally, TradingView allows you to customize and create your own indicators using their Pine Script programming language. So, if you have a specific indicator in mind, you can easily build it on TradingView and use it for your cryptocurrency trading strategies.