Re: What are the best indicators for following trend in cryptotrading?
I'm developing my strategy for trend trading and I'm trying to figure out what are the best indicators to catch a trend. Currently now I'm using MFI, but I doubt that it is suitable for cryptocurrency trading, so i will appreciate it if you give me a hint. Thank you in advance!
I would not say that a single indicator is best to catch the trend, use RSI, MACD and the others too but dont depend on them too much, see the charts and how they have been performing over the days and use that to make the prediction. Remember that no indictor is 100% correct and each is applicable in a different context.Every other day you might find a new thread in this section saying that they found this indictor as perfect or today they found this as perfect. It only shows that there is nothing called a perfect or best indicator.
