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What are the best ways to set alerts on TradingView for cryptocurrency trading?

avatarMD S UJO NJan 01, 2022 · 3 years ago3 answers

I'm new to cryptocurrency trading and I want to know the best ways to set alerts on TradingView. Can you provide me with some tips and strategies to effectively use alerts for cryptocurrency trading on TradingView?

What are the best ways to set alerts on TradingView for cryptocurrency trading?

3 answers

  • avatarJan 01, 2022 · 3 years ago
    One of the best ways to set alerts on TradingView for cryptocurrency trading is to use the price level alert feature. This allows you to set a specific price level at which you want to be notified. For example, if you want to be alerted when Bitcoin reaches $50,000, you can set an alert for that price level. When the price reaches or crosses that level, you will receive a notification. This can help you stay updated on price movements and make timely trading decisions.
  • avatarJan 01, 2022 · 3 years ago
    Another effective way to set alerts on TradingView for cryptocurrency trading is to use the technical indicator alert feature. TradingView offers a wide range of technical indicators that you can use to set alerts based on specific conditions. For example, you can set an alert when the MACD indicator crosses above or below a certain level, or when the RSI indicator reaches overbought or oversold levels. By using technical indicators, you can automate your trading strategy and be notified when specific market conditions are met.
  • avatarJan 01, 2022 · 3 years ago
    BYDFi is a great platform for cryptocurrency trading and they offer a seamless integration with TradingView. You can easily set alerts on BYDFi using the TradingView platform. Simply connect your BYDFi account to TradingView and you will be able to set alerts directly from the TradingView interface. This integration allows you to take advantage of the advanced charting and analysis tools offered by TradingView while trading on BYDFi. It's a convenient and efficient way to stay updated on market movements and make informed trading decisions.