Which indicators should I use on TradingView for CHF/JPY trading?

3 answers

• Dec 24, 2021 · 3 years ago
  As a professional trader, I would recommend using the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) as indicators for CHF/JPY trading on TradingView. These indicators can help you identify trends, momentum, and potential reversal points in the currency pair. Additionally, you may also consider using the Bollinger Bands and the Ichimoku Cloud indicators for further analysis. Remember to adjust the settings of these indicators based on your trading strategy and time frame.
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• Dec 24, 2021 · 3 years ago
  When it comes to CHF/JPY trading on TradingView, it's important to use indicators that suit your trading style and goals. Some commonly used indicators for this currency pair include the Moving Average (MA), the Stochastic Oscillator, and the Average True Range (ATR). These indicators can provide insights into trend direction, overbought/oversold conditions, and volatility. However, it's always recommended to combine indicators with other technical analysis tools and to backtest your strategies before making any trading decisions.
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• Dec 24, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, suggests using the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) as indicators for CHF/JPY trading on TradingView. These indicators can help you identify potential entry and exit points, as well as confirm trends and reversals. Additionally, you may also consider using the Fibonacci retracement tool to identify support and resistance levels. Remember to adjust the parameters of these indicators based on your trading style and risk tolerance.
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