When RSI touches 70 it gives a Buy signal and when RSI touches 30 it gives a sell signal. The position is then held out… This great and simple indicator based on EMA generates information about entry points at close of the candle. First signal is the best entry point but you can re-enter at the next.
Read moreDoes TradingView allow automated trading?
Did you know you can automate any trading scenario from TradingView using zero coding ? Our latest addition to the code-free trading automation suite, enables traders with no technical background to easily create automated trading strategies based on TradingView Alerts!
Read moreHow do you get buy and sell signal?
Buy and sell signals can be generated by two moving averages — a long-period and a short-period average . When the short moving average rises or falls below the long moving average, buy or sell signals can be generated based on set parameters.
Read moreCan you buy and sell through TradingView?
The buy/sell panel is now represented as two buttons, which are conveniently located in the chart legend . In addition to the OHLC values the new buttons allow you to monitor the instrument’s Bid/Ask prices in real-time.
Read moreHow do you find buy and sell signals?
A buy signal occurs when the fast line crosses through and above the slow line. A sell signal occurs when the fast line crosses through and below the slow line .
Read moreWhich is the best indicator for buy sell signals?
Stochastics are a favored technical indicator because they are easy to understand and have a relatively high degree of accuracy. It falls into the class of technical indicators known as oscillators. The indicator provides buy and sell signals for traders to enter or exit positions based on momentum.
Read moreHow do you identify a sell signal?
Sell Signal Example When the price starts rising off the MA they buy . If the price drops through the MA and keeps dropping, they do nothing. If they are in a long trade, they sell if the price falls more than 4% below the MA.
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