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What are the top indicators to use on trading view for cryptocurrency trading in India?

avatarLinux_LaymanDec 29, 2021 · 3 years ago5 answers

I am new to cryptocurrency trading in India and I want to know which indicators are the most effective to use on trading view. Can you recommend the top indicators that can help me make better trading decisions?

What are the top indicators to use on trading view for cryptocurrency trading in India?

5 answers

  • avatarDec 29, 2021 · 3 years ago
    As a cryptocurrency trader in India, there are several indicators on trading view that you can use to enhance your trading strategy. Some of the top indicators include Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence). These indicators can provide valuable insights into market trends, price momentum, and potential entry or exit points. It's important to note that no single indicator guarantees success, so it's recommended to use a combination of indicators and consider other factors such as market news and analysis.
  • avatarDec 29, 2021 · 3 years ago
    Hey there! If you're looking for the best indicators to use on trading view for cryptocurrency trading in India, you're in luck! Moving Averages (MA) are a popular choice among traders as they help identify trends and potential reversals. Another useful indicator is the Relative Strength Index (RSI), which measures the speed and change of price movements. Bollinger Bands can also be handy in determining market volatility and potential breakouts. Lastly, don't forget about MACD (Moving Average Convergence Divergence), which can help spot trend reversals and generate buy or sell signals. Remember, it's always a good idea to combine indicators and use them in conjunction with other analysis techniques.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to cryptocurrency trading in India, using the right indicators on trading view can make a big difference. One platform that offers a wide range of indicators is BYDFi. They have a user-friendly interface and provide access to popular indicators like Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence). These indicators can help you analyze market trends, identify potential entry or exit points, and make more informed trading decisions. Give BYDFi a try and see how these indicators can enhance your trading experience.
  • avatarDec 29, 2021 · 3 years ago
    Choosing the right indicators on trading view for cryptocurrency trading in India is crucial for success. Some of the top indicators to consider are Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence). These indicators can provide valuable insights into market trends, price volatility, and potential reversals. Remember, it's important to customize these indicators based on your trading style and preferences. Experiment with different settings and combinations to find what works best for you. Happy trading!
  • avatarDec 29, 2021 · 3 years ago
    As an experienced cryptocurrency trader in India, I highly recommend using Moving Averages (MA), Relative Strength Index (RSI), Bollinger Bands, and MACD (Moving Average Convergence Divergence) on trading view. These indicators have proven to be effective in analyzing market trends, identifying potential entry or exit points, and making informed trading decisions. However, it's important to note that no indicator is foolproof, and it's always advisable to conduct thorough research and analysis before making any trading decisions. Remember, the key to successful trading lies in a combination of indicators, risk management, and market knowledge.