What are the most effective tradingview scanner filters for identifying potential cryptocurrency trades?
Balaji GugulothNov 28, 2021 · 3 years ago1 answers
I'm looking for the best tradingview scanner filters to help me identify potential cryptocurrency trades. Can you provide some insights on the most effective filters to use?
1 answers
- Nov 28, 2021 · 3 years agoAs an expert at BYDFi, I can tell you that TradingView scanner filters can be a powerful tool for identifying potential cryptocurrency trades. One effective filter to consider is the trend filter, which allows you to identify coins that are in an uptrend or downtrend based on technical indicators like moving averages. This can help you align your trades with the overall market direction. Another useful filter is the volume surge filter, which looks for coins that have experienced a significant increase in trading volume. This can be a sign of increased interest and potential price movement. Additionally, you can use filters like support and resistance levels, as well as chart patterns, to further enhance your tradingview scanner strategy. Remember, always do your own research and consider multiple factors before making any trading decisions.
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