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What are the most popular tradingview strategy alerts used by professional cryptocurrency traders?

avatarbitcoin frDec 26, 2021 · 3 years ago3 answers

As a professional cryptocurrency trader, I'm interested in knowing the most popular tradingview strategy alerts used by other professionals. Can you provide some insights into the strategies that are commonly employed by experienced traders on tradingview? I would like to learn about the alerts that are considered effective and widely used in the cryptocurrency trading community.

What are the most popular tradingview strategy alerts used by professional cryptocurrency traders?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the most popular tradingview strategy alerts used by professional cryptocurrency traders is the Moving Average Crossover. This alert is based on the concept of two moving averages crossing each other, indicating a potential trend reversal or continuation. Traders often use this alert to identify buying or selling opportunities. It's a simple yet effective strategy that has been widely adopted in the cryptocurrency trading community.
  • avatarDec 26, 2021 · 3 years ago
    Another commonly used tradingview strategy alert is the RSI Divergence. This alert is based on the Relative Strength Index (RSI), which measures the speed and change of price movements. Traders look for divergences between the RSI and the price chart to identify potential trend reversals. It's a popular strategy among professional cryptocurrency traders as it helps them spot overbought or oversold conditions in the market.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has observed that professional traders often rely on the Bollinger Bands strategy alert on tradingview. Bollinger Bands are volatility indicators that consist of a moving average and two standard deviation lines. Traders use this alert to identify potential breakouts or trend reversals when the price moves outside the Bollinger Bands. It's a widely used strategy that provides valuable insights into market volatility and price movements.