If you don’t already use TradingView.com for charts, I highly recommend it. Here’s some tips for adding indicators that are useful.
The most important two indicators I've found are the Moving Average Cross and the Relative Strength Index
Here's a mini tutorial
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Website: https://www.tradingview.com/chart/
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Images with descriptions below: https://imgur.com/a/145mNey
Image #1 – just a basic snapshot of the BTC chart with the green arrow point to where to click to change your asset, you can look up crypto or stocks. red arrow points to the location of the indicators you can set
Image #2 – Shows the particular moving average indicator I use which will mark your chart with moving average lines as well as crosses, an asset priced under the moving average price MAY be a good buy. Furthermore, when the shorter of the moving average time frame crosses the longer timeframe either from the bottom or the top it can be an indicator of a upward or downward swing in price. The indicator will mark your chart with a red or green bar at these crosses shown in image #1 and image # 3
More info on moving average crosses here: https://bullishbears.com/moving-average-crossover/
Image #3 – How to set up the RSI, the RSI Chart is shown in Image #1 on the bottom, blue lines
More info on RSI here: https://www.investopedia.com/terms/r/rsi.asp (you can skip the calculations if you'd like and just move onto the What it Means section, basically under 30% is either good buy OR bear indicator, over 70% potential sell / hodl indicator)
Image #4 – green arrow / blue arrow will allow you to adjust settings on the indicators for different timeframes, yellow arrow is the moving average cross red bar = down, green bar = up, magenta arrow, thicker line is longer timeframe moving average and sky blue arrow is the shorter timeframe MA.
Just sharing the small bits I've learned about TradingView I'm open to learning more useful indicators from anyone (or any feedback, this is my first full fledged info post here and can add to the tutorial). This isn't a substitute for researching an assets community, news, devs, market cap, TVL and other information.
Lots more to tinker with on the site and as always DYOR, this is NOT financial advice 🙂
submitted by /u/rocketrocketleague1
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