Maximize Your Trading Profits: Using RSI, MACD, and Bollinger Bands

in #hive-17065522 days ago

Maximize Your Trading Profits Using RSI, MACD, and Bollinger Bands.png

CANVA

In this post I will try to give you some best indicators which will give you more accurate signals for your trade. For combining 3 indicators you will get the better result and you will thanks me later.

First of all, before joining the trading profession, I request you to learn about crypto moves, trading plans and its basics.

Once you get qualified on it, you will do better trading and you will get more ideas of where to enter or where to exit.

After learning the basics, you need to implement 3 indicators with the name RSI, MACD and Bollinger Bands. Combining these three indicators will help you get a better signal for your trades.

If you are not good with coding, you can do it using ChatGPT where you give your instructions of buying and selling and by combining these three indicators.

When all of these three indicators give you a signal of buy then you will go to buy. Similarly when all these three indicators will give you a sell signal or a short signal then you will go for short or for selling your position.

One thing to keep in mind that you must select the long time frames such as 4H and 1D for your trades.

These indicators will work more accurate on longest time frames.

In my next post I will try to give you guys the code of how to combine these three indicators and what are the instructions for buying and selling.

Among hundreds of indicators, MACD, RSI and Bollinger Bands are best and more working with Crypto trading.

So if you want to earn from trading, you need to focus on these indicators and try to combine and get out a signal from all these indicators.

You will surely earn a good money from trading after applying this strategy.

THANK YOU!