common-close-0
BYDFi
Trade wherever you are!

Which indicators should I use in Google Sheets for crypto day trading?

avatarScarborough LewisDec 30, 2021 · 3 years ago3 answers

I'm new to crypto day trading and I want to use Google Sheets to track and analyze my trades. Can you recommend some indicators that I can use in Google Sheets to help me make better trading decisions?

Which indicators should I use in Google Sheets for crypto day trading?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! There are several indicators that you can use in Google Sheets for crypto day trading. One popular indicator is the Moving Average (MA), which helps identify trends and potential entry and exit points. Another useful indicator is the Relative Strength Index (RSI), which measures the momentum of a cryptocurrency and can indicate overbought or oversold conditions. Additionally, you can consider using the Bollinger Bands, which help identify volatility and potential price reversals. Remember to customize the indicators based on your trading strategy and risk tolerance. Good luck with your crypto day trading journey!
  • avatarDec 30, 2021 · 3 years ago
    When it comes to crypto day trading, using indicators in Google Sheets can be a great way to analyze market trends and make informed trading decisions. Some commonly used indicators include the MACD (Moving Average Convergence Divergence), Stochastic Oscillator, and Fibonacci retracement levels. These indicators can provide valuable insights into price movements and help you identify potential entry and exit points. However, it's important to note that no indicator is foolproof, and it's always recommended to use multiple indicators and combine them with other analysis techniques for better accuracy. Happy trading!
  • avatarDec 30, 2021 · 3 years ago
    BYDFi is a popular crypto trading platform that offers a wide range of indicators for day traders. In Google Sheets, you can use the BYDFi API to fetch real-time data and calculate various indicators such as the RSI, MACD, and Bollinger Bands. BYDFi also provides comprehensive documentation and tutorials on how to use their indicators in Google Sheets. With BYDFi's indicators, you can enhance your crypto day trading strategies and make more informed trading decisions. Give it a try and see how it can improve your trading performance!