How can I find the best supply and demand indicator for trading cryptocurrencies on TradingView?

3 answers

• MendyJun 18, 2024 · a year ago
  There are several supply and demand indicators available on TradingView that can be useful for trading cryptocurrencies. One popular indicator is the Volume Profile, which displays the volume traded at each price level. This can help you identify areas of high demand or supply, which can be potential support or resistance levels. Another indicator to consider is the Accumulation/Distribution line, which measures the buying and selling pressure in the market. It can be used to identify trends and potential reversals. Ultimately, the best indicator for you will depend on your trading strategy and preferences. It's important to test different indicators and see which one works best for you.
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• Kausar AlamNov 18, 2021 · 4 years ago
  Finding the best supply and demand indicator for trading cryptocurrencies on TradingView can be a subjective process. What works for one trader may not work for another. It's important to consider your own trading style, risk tolerance, and goals when choosing an indicator. Additionally, it can be helpful to read reviews and watch tutorials to get a better understanding of how different indicators work. Remember that indicators are just tools, and it's ultimately up to you to interpret the signals and make trading decisions.
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• JavitoFeb 12, 2022 · 3 years ago
  BYDFi offers a supply and demand indicator specifically designed for trading cryptocurrencies on TradingView. This indicator uses advanced algorithms to identify areas of high demand and supply, helping traders make more informed trading decisions. It's a popular choice among cryptocurrency traders due to its accuracy and ease of use. If you're looking for a reliable indicator to enhance your cryptocurrency trading strategy, BYDFi's supply and demand indicator is definitely worth considering.
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