Trading for Noobs.. Using basic Indicators 4 buying and selling
Trading for Noobs.....(Noobs only please)
So many opinions and so many different indicators where do you start?? When do you know when to buy and when to sell??
There is a very basic but 90% accurate indicator called the Macd. Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. ( I cant say 100% {Trolls lurk on these pages} but its very close)
If you look at the indicators section on the top of your chart and type Macd into the search bar use the MACD in built ins. Select this indicator and you will create a Macd indicator at the bottom of your chart like i have on my example.
You can use any time frame you wish it still works. There is 2 colored lines that go up and down in sync with the candles above. You will see they cross over so the blue line is leading up the trend and the golden line is leading on the down trend. At the point of cross over these are quiet often good sell and buy points that will help you with your trading. The cross-over indicates a trend reversal in most circumstances and the price either rises or falls.
Study the charts and back scroll through each coin that interests you. You will see what i am talking about and i hope this simple indicator helps your trading accuracy.
Check out my other examples of using 3 indicators for more successful trading results and find what suits your style of trading.
Remember Be a patient trader...... Be a disciplined trader.......Be a Trading Sniper and select your targets carefully.
So many opinions and so many different indicators where do you start?? When do you know when to buy and when to sell??
There is a very basic but 90% accurate indicator called the Macd. Moving average convergence divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. ( I cant say 100% {Trolls lurk on these pages} but its very close)
If you look at the indicators section on the top of your chart and type Macd into the search bar use the MACD in built ins. Select this indicator and you will create a Macd indicator at the bottom of your chart like i have on my example.
You can use any time frame you wish it still works. There is 2 colored lines that go up and down in sync with the candles above. You will see they cross over so the blue line is leading up the trend and the golden line is leading on the down trend. At the point of cross over these are quiet often good sell and buy points that will help you with your trading. The cross-over indicates a trend reversal in most circumstances and the price either rises or falls.
Study the charts and back scroll through each coin that interests you. You will see what i am talking about and i hope this simple indicator helps your trading accuracy.
Check out my other examples of using 3 indicators for more successful trading results and find what suits your style of trading.
Remember Be a patient trader...... Be a disciplined trader.......Be a Trading Sniper and select your targets carefully.