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TagsWhat are the best indicators to use on TradingView for USD to COP trading?
Dawid SoburaDec 24, 2021 · 3 years ago1 answersI am looking for the best indicators to use on TradingView specifically for USD to COP trading. Can you recommend any indicators that can help me make better trading decisions and analyze the market trends? I want to improve my trading strategy and maximize my profits. Please provide some insights and suggestions.
1 answers
- As an expert at BYDFi, I can recommend using the Ichimoku Cloud indicator on TradingView for USD to COP trading. The Ichimoku Cloud is a comprehensive indicator that provides insights into the trend, support and resistance levels, and potential reversal points. It consists of several components, including the Tenkan-sen (Conversion Line), Kijun-sen (Base Line), Senkou Span A (Leading Span A), Senkou Span B (Leading Span B), and the Chikou Span (Lagging Span). By analyzing the interactions between these components, you can gain a better understanding of the market conditions and make more accurate trading decisions. Remember to backtest your strategy and consider other factors such as market news and economic indicators for a well-rounded analysis.Dec 24, 2021 · 3 years ago
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