Which indicators on TradingView are most useful for GDAX trading?

3 answers

• Dec 16, 2021 · 3 years ago
  As a professional cryptocurrency trader, I highly recommend using the Moving Average Convergence Divergence (MACD) indicator on TradingView for GDAX trading. MACD is a versatile indicator that can help you identify trend reversals, generate buy or sell signals, and confirm the strength of a trend. By analyzing the MACD line and signal line crossovers, as well as the histogram, you can gain valuable insights into market momentum and make informed trading decisions. Give it a try and see how it can enhance your GDAX trading strategy!
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• Dec 16, 2021 · 3 years ago
  When it comes to GDAX trading, the Relative Strength Index (RSI) indicator on TradingView is a popular choice among traders. RSI measures the speed and change of price movements and helps identify overbought or oversold conditions in the market. By using RSI, you can spot potential trend reversals and make timely trading decisions. Keep in mind that RSI is just one tool in your trading arsenal, so it's important to combine it with other indicators and analysis techniques for a comprehensive approach to GDAX trading.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using the Bollinger Bands indicator on TradingView for GDAX trading. Bollinger Bands consist of a middle band, an upper band, and a lower band, which are based on standard deviations of price movements. These bands can help you identify periods of high volatility and potential price breakouts. When the price touches the upper band, it may indicate an overbought condition, while touching the lower band may suggest an oversold condition. By incorporating Bollinger Bands into your GDAX trading strategy, you can better understand market trends and make more informed trading decisions.
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