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Are there any specific tools or indicators on TradingView to measure pips in cryptocurrency trading?

avatarthatoneprogrammer asdfDec 28, 2021 · 3 years ago7 answers

I'm interested in measuring pips in cryptocurrency trading on TradingView. Are there any specific tools or indicators available on TradingView that can help me with this? I want to be able to accurately measure the price movement in pips for different cryptocurrencies. Can anyone recommend any tools or indicators for this purpose?

Are there any specific tools or indicators on TradingView to measure pips in cryptocurrency trading?

7 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, TradingView offers several tools and indicators that can help you measure pips in cryptocurrency trading. One popular tool is the 'Pip Value Calculator' which allows you to calculate the value of a pip for different cryptocurrencies. Another useful indicator is the 'Pip Counter' which displays the number of pips the price has moved in real-time. These tools can be found in the 'Indicators' section of TradingView.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! TradingView has a wide range of tools and indicators that can assist you in measuring pips in cryptocurrency trading. One tool that I find particularly helpful is the 'Pip Scale' indicator, which visually displays the number of pips the price has moved on the chart. Additionally, the 'Pip Value Calculator' is a great tool for calculating the value of a pip for different cryptocurrencies. These tools can greatly enhance your analysis and trading strategies.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are specific tools and indicators on TradingView that can help you measure pips in cryptocurrency trading. One such tool is the 'Pip Counter' which provides a real-time count of the number of pips the price has moved. Additionally, you can use the 'Pip Value Calculator' to calculate the value of a pip for different cryptocurrencies. These tools can be quite useful in analyzing price movements and making informed trading decisions. However, it's important to note that different indicators may have varying levels of accuracy and should be used in conjunction with other analysis techniques.
  • avatarDec 28, 2021 · 3 years ago
    TradingView is a powerful platform for cryptocurrency trading analysis, and it offers a variety of tools and indicators to measure pips. The 'Pip Value Calculator' is a popular tool that allows you to calculate the value of a pip for different cryptocurrencies. Additionally, the 'Pip Counter' indicator can help you track the number of pips the price has moved. These tools can be valuable in understanding price movements and making informed trading decisions. However, it's always recommended to use multiple indicators and analysis techniques for a comprehensive view of the market.
  • avatarDec 28, 2021 · 3 years ago
    Yes, TradingView provides specific tools and indicators to measure pips in cryptocurrency trading. One tool that I personally find useful is the 'Pip Scale' indicator, which visually represents the number of pips the price has moved on the chart. Another tool is the 'Pip Value Calculator' that allows you to calculate the value of a pip for different cryptocurrencies. These tools can assist you in analyzing price movements and making more accurate trading decisions. However, it's important to remember that no single indicator can guarantee success in trading, and it's always recommended to conduct thorough analysis before making any decisions.
  • avatarDec 28, 2021 · 3 years ago
    TradingView offers a variety of tools and indicators to measure pips in cryptocurrency trading. One popular tool is the 'Pip Value Calculator' which allows you to calculate the value of a pip for different cryptocurrencies. Additionally, the 'Pip Counter' indicator can help you track the number of pips the price has moved. These tools can be valuable in understanding price movements and identifying potential trading opportunities. However, it's important to note that no indicator can predict the future with certainty, and it's always recommended to use multiple indicators and analysis techniques for a well-rounded approach to trading.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, provides specific tools and indicators on TradingView to measure pips in cryptocurrency trading. The 'Pip Value Calculator' is a popular tool that allows you to calculate the value of a pip for different cryptocurrencies. Additionally, the 'Pip Counter' indicator can help you track the number of pips the price has moved. These tools can be extremely useful in analyzing price movements and making informed trading decisions. However, it's important to note that trading involves risks, and it's always recommended to do your own research and consult with professionals before making any investment decisions.