Post
Topic
Board Trading Discussion
Re: Top 3 Cryptocurrency Trend Indicators
by
nelson4lov
on 17/10/2019, 21:35:44 UTC
from my experience, trading indicator doesnt work well in crypto. i test many time and often fail with those indicator
i believe in price action which can work better than indicator. furthermore, price action is simpler than indicator

The funny thing about your reply is that you relied too much on the information from the indicators you used. As the name implies, It's an indicator not a success guarantee. Indicators are essential for trading and yes, They do work but you can improve your chances by using them alongside other tools like Support and Resistance + Indicators, Indicators plus fib retracements. Moral: Don't really on a single indicator or trading tool. If you combined everything (Indicators, price actions, support, resistance, channels, Trend lines etc) It should give you an edge over other traders.