which indicators do you use for day trading coins on coinbase

I'm using Bollinger Bands, MACD, and the Choppiness Index. I usually decide my trades based on how long the price stays at the top or bottom. So if it was at the bottom for a week, I leave my take profit/stop loss order open for about that same time. But I just got hit hard by a stop loss order because one 5-minute candle dropped 5% then shot up 6% in the next 5 minutes, triggering my stop loss. If I had a buffer, that wouldn't have happened. So for now, I’m not putting in large amounts until I sort that out. I’m also looking for a volatility line graph and other charts, but some of them are confusing or don’t match up. I trade small amounts, just a few hundred bucks, so it feels like paper trading. But with paper trading, there’s no emotion involved, and you take risks without worrying. When I lose $10, it actually bugs me, and I want to fix it. I used to be really into Bitcoin about 10 years ago, but I lost my investment. Now I’m just working with around $1000.

The concept of the crypto market is basically the same with that of Forex and stock ... So I do think that normal Price action is literally gold... Then understanding market structure and liquidity is a game changer...    There's really no need for so much indicators however they are not really bad as they can be used as extra confluences but they shouldn't really be the basis of a trade ...just for confirmations.

I use BB, RSI, SAR and I also use MACD. They are good indicators but they are not really accurate and you need to use them with experience. You can see how price action can make BB and RSI not to be accurate because when a coin is overbought, price action is still telling people to buy. So you need to use experience to make money from trading.

I am so much into indicators and strategies (scripts) that show me the support and resistance level at different time frames. I have used Bollinger bands, RSI and MACD in the past but started to like other indicators more than them. So, I am more into Fibonacci Retracement, Exponential Moving Averages etc.

Bollinger band and RSI was one of the popular indicators those days and it's fun using them because they at least react to market price as quick as possible when used  accurately. I used to mix Bollinger Band, RSI, Moving Average and Exponential Average to get a perfect timing when to enter the market and when to leave. Sometimes I do use 3 to 5 Moving Averages just time the market accurately before entering the market to reduce the lagging probability. Since i trade more using indicators, I was able to familiarize myself with different indicators and I use them on random occasions.

Honestly, you enter early on a live trading I know it's no emotions when you trade with paper money, but it is a first step you should do to confirm your strategy is profitable on the long term. Journal your trades and analyze your mistakes. If you do all of these on a live trade, I am sure you would lose a huge amount before you learn, even if you are risking a pretty small amount. I'm no expert. I have experience doing paper trading; I only trade on high-probability entries on live trading, but I consistently trade on paper to learn from the entry that I think is a win trade, but if the result is bad, then I avoid doing it on live trading. Lots of things are changing in my trading style, and I optimize the strategy and avoid aggressive trades, just like what you do without signals, confirmations, and validation before you enter. About the indicator, it seems you are using the indicator in a wrong way; you better learn first about the indicator you are currently using. Check this link below - https://www.babypips.com/forexpedia/category/technical-indicators I only have two indicators: EMA 20/50/100/200 and RSI. MacD is good to check for weak selling or buying pressure, RSI I only use this for divergence or reversal signals, and EMA I use to determine trends, short- or long-term. For day trading, I use RSI and EMA. Since I know the trend using EMA, I use RSI for divergence or reversal, and I do entry on pullbacks or retracements if confirmed by EMA 20/50 breakouts on low time frames of 15 minutes and below. It takes a couple of hours to hold for a 1:3 risk ratio, but I do it consistently with no emotion envolve.

so is there a volume candle that  shows when most are sales and most are buy? I like how i can just glance at market indicator graphs and click orders to track progress but in school i was good at iq tests so its natural, so i use bollinger band  chopzone  macd and awesome oscillator i quickly witch between day 5 day month  and 4 hours to squeeze out a penny when i o ;pen a limit tp sl.  dont do 1%+- i do -1,25 %and plus +4% i like high volatility like SOL  because my liquid assents dont get stuck in a bear 3 week long market

The experience in trading is what will help you to understand that entering the market during the time where your indicators are not giving you a clear signal and the market seems to be undecided is a very dangerous thing. Experience will help you know the time when the market will likely obey the signals that your indicators give. @OP, I use Stoch, MACD, and EMA. MACD tells you where the market is going. Stoch tells you when to enter.

Right now, I'm using 2 EMAs, Bollinger Bands, MACD and RSI as well. I can't backtrack though so I don't know if this has been better for me compared to other strategies that I'm using, but one thing's for sure. I'm making small profits right now using these indicators. On the other hand, even though you're using lots of indicators if you still don't have the knowledge or experience in trading then it's pretty much useless. You can use 5 or even 10 indicators (which is insane) and still end up losing your money. At the end of the day, experience really matters when it comes to trading because the more experience you have, the better your decision-making along the way. Sometimes, you even only need 2-3 indicators just to add some confluences because there are some that focuses more on the price action and the candlestick patterns.

If you are consistently making a small profit with fewer mistakes, don't change your strategy; those 3 indicators are powerful in crypto. Sometimes it's not accurate to some altcoins and Bitcoin. That's why you need to configure and edit the length period to make the indicator fit the current condition of that coin. Have you tried the 7 EMAs? It looks like a ribbon with a setup of 20/50/100/149/200/249/300? Most altcoins during a trend up or down 7 EMA any of these lengths acts like a support because mostly the price bounces on that part. Combining it with price action/breakout strategy with RSI use for overbought/sold signals, you can get a perfect entry and exit. Look at mine: I use EMA line as support, and the other line is for my SL, but still I combine it with RSI and price action.

It would still happen on tomorrow and I will be wrong on time frame only and NOT with the incident. Yeah, this is how trading works regardless of where you put your stoploss or what strategy or indicators, you are using. Sudden volatile are most common for all cryptos hence your stoploss will often be eaten by whales who move the market on their own. If you cannot bear the manipulations, you should quit trading right away. You may ask that manipulations are still possible with vast marketcap markets like bitcoin; yes, it is still possible but not on bigger scale but within $50 or $100 or $500 or even $1000 levels. So, whales move bitcoin at any direction for short period of time to gain quickly. This indicates that you are NOT FIT for high emotional play like trading. You should treat both profits and losses similarly. Otherwise you may look for other opportunities like investing or mining or staking. 10 years with bitcoin alone or into trading as well? I guess 10 years must be an enough time for concluding about your skills. You must have found out that trading is for you or not by this time.

Since this is all about the performance of the market before we go into it, it is more safer to broaden the extent at which we go about the market analysis, so while using indicators, i make sure that i use as many as possible in other to increase the way i could learn to know more about the market direction, all this tells in many ways as we continue to speculate, we are expected to compare all these indicators before arriving on a conclusion towards the market direction.

There are many indicators to the extent that you can use use them all to make analysis. I used BB, MA, RSI, MACD and SAR. But among them I use BB and RSI often. I also use Volume to know if there will be a market shift towards the buying direction at times. It is good to know that indicators also need experience traders because indicators does not means profit.

I use only few indicators while analysing my chart, in order not to complicate my charts but I'm just tied to using one very good indicator which I found most useful, the RSI, relative strength index, This indicator tells me when the Market is ready for a sell or for a buy, during when the price has gotten to the oversold or overbought area. Using indicators does not guarantee profit, they're just tools to simplify your trading experience, that helps you take precise decisions while trading.

It is true that indicators do not guarantee profits; they are merely tools to help us see market structures so that we can draw conclusions for speculating on existing potential. BB, MACD, and RSI are tools that I also use to observe the market. Indicators for analysis are not only for technical analysis on charts, but some other indicators outside of that need to be considered as one of the connecting tools or correlations of potential events that may occur after reaching a conclusion (such as news sentiment, for example). I also classify them as indicators; I don't know what others call them.

-RSI -EMA -BB -Some SMC Indicators -FVG ones These are the common indicators that i've been using and some of them arent that applicable on current charts on crypto exchangers. I've been that doing up some trades with those traditional brokers out there since I've been that doing forex trading too on which now that brokers including crypto as their other options. The only thing that you should remember is that on the moment that you do make use of TA's then as much as possible you do need up to consider on adding up FA if  you do find one. We do know that this market is highly reactive when it comes to fundamentals or news on which you do need up to consider on but just like we do all know that there's no such thing about 100% precision. Always be considerate about the probabilities on which you would be needing up to adjust.

Every indicator works for different people and that will depend on how they use them. As for MACD and BB, they're every new trader point of contact. As a beginner, I never thought a time would come when I wouldn't be relying on BB to take trades. I was that attached to it and used to get some good calls from it sometimes. I used to have my settings to 25, Close with 2 Deviation. Anyway, as time went on I realized that nothing beats PA (Price Action) and Support and Resistance points. Support and Resistance don't repaint like most indis, especially the way MA, RSI, MACD, etc, does. S&R lead price and help us mark out POI (Points of Interest) anɗ reference points ahead of time.