>Jow Forums says ta is a meme and doesn't work
>yet RSI, MACD and BB work wonderfully for literally every single coin
Jow Forums says ta is a meme and doesn't work
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I feel like I'm using cheat codes using the super guppy on bitcoin.
>average Jow Forumstard
>knowing shit about anything
Pick one.
Super guppy + stoch RSI
Starting from small time scales and working back.
Those 3 are nothing but self fulfilling prophecies.
So what?
MoM where it at
tradingview.com
This one? Can you give me a quick rundown on how to use it?
Yah that's its.
Basically it uses 23 moving averages to split two groups - traders and investors. The top half are traders or people who bought in recently, the bottom half are holders. The best use for it is to find when it is turning grey as that means traders and investors are converging and you can expect volatility. You can do this on any time frame and it isn't lagging. So right now it's turning grey on the 1hr time scale right above the 1 hour MA line after a big dump so I'm betting we go up. I switch to smaller time scale to find a previous MA it respected and I'll use that for when I will sell. Ill post a couple more pics.
they always work in retrospect
Kek
>it backtest 100%!
I'll be looking to sell at this line. Considering the fud, it might not make it.
Whats cool is on the uptrend pumps you can watch the 1min - 10min charts and can spot potential bottoms easily just by finding the time frame that's turning grey.
So looking closer at the 1hr you'll see the top part flipped.. Basically, people who bought the top are panic selling while the long term holders are holding. If they start selling we'll see a very large dump.
this is nice, I didnt know TA was this sophisticated
The ichimoku cloud
Thanks, user.
I use RSI for the daily chart and Stoch RSI for the hourly chart, and it seems pretty god damn foolproof. Am I a genius or am I just retarded and lucky? Been using this strat for about 3 weeks, combine one of the two with the 50MA and 200MA and everything is so much more predictable. Fuck all that constellation bullshit like head and shoulders btw that's all bullshit memery
All those patterns like H&S come from stocks and usually play out over months if not years.
This. Ta brainlets cant understand fallacies
Yep, and you know what the best part is? They're going to keep working out in retrospect!
Yesterday someone said cup and handle doesn't work for crypto. Must have missed out on every XVG moon ever.