What are the limitations of TradingView alerts for cryptocurrency traders?

3 answers

• Nov 26, 2021 · 3 years ago
  TradingView alerts can be a useful tool for cryptocurrency traders, but they do have some limitations. One limitation is that the alerts are only triggered based on the price of the cryptocurrency. This means that if you want to set an alert based on other indicators, such as volume or moving averages, you won't be able to do so with TradingView alerts. Additionally, TradingView alerts are limited to the specific exchange that you are using. If you trade on multiple exchanges, you will need to set up alerts separately for each exchange.
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• Nov 26, 2021 · 3 years ago
  TradingView alerts are great for keeping track of price movements, but they do have their limitations. One limitation is that the alerts are only triggered when the price reaches a certain level. This means that if you want to be alerted when the price is moving in a certain direction, such as when it starts to trend upwards, you won't be able to do so with TradingView alerts. Another limitation is that the alerts are not always instant. There can be a delay between when the price reaches the alert level and when the alert is triggered, which can be frustrating for traders who need to act quickly.
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• Nov 26, 2021 · 3 years ago
  When it comes to TradingView alerts for cryptocurrency traders, there are a few limitations to keep in mind. First, TradingView alerts are limited to the features and capabilities of the TradingView platform itself. While TradingView offers a wide range of technical analysis tools, there may be certain indicators or strategies that are not available for use with alerts. Additionally, TradingView alerts are dependent on the stability and reliability of the exchange's API. If the exchange experiences any downtime or technical issues, it may affect the accuracy and timeliness of the alerts. Lastly, TradingView alerts are not customizable to the same extent as other alert systems. Traders may find that they are limited in terms of the types of alerts they can set and the conditions they can specify.
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