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What are the most popular indicators used in tradingview scripting language for crypto trading?

avatarpulasty kumarNov 26, 2021 · 3 years ago3 answers

Can you provide a list of the most popular indicators that traders use in the tradingview scripting language for crypto trading? I'm interested in knowing which indicators are commonly used by traders to analyze cryptocurrency price movements.

What are the most popular indicators used in tradingview scripting language for crypto trading?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure! Some of the most popular indicators used in the tradingview scripting language for crypto trading are Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence). These indicators help traders analyze price trends, identify overbought or oversold conditions, and generate buy or sell signals. It's important to note that the choice of indicators may vary depending on the trading strategy and individual preferences of traders.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to crypto trading on tradingview, some of the most commonly used indicators are Moving Averages, RSI, and MACD. These indicators can help traders identify potential trends, reversals, and overbought or oversold conditions in the cryptocurrency market. It's always a good idea to combine multiple indicators and use them in conjunction with other technical analysis tools to make informed trading decisions.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, recommends using a combination of Moving Averages, RSI, and MACD as the most popular indicators for crypto trading on tradingview. These indicators can provide valuable insights into price trends, momentum, and potential entry or exit points in the market. However, it's important to remember that no indicator is foolproof, and traders should always conduct thorough analysis and consider other factors before making trading decisions.