![]() In this tutorial, we’re going to chart the Bitcoin/Binance USD ( BTCBUSD ) currency pair. ![]() ![]() Any code we write is run on TradingView’s servers, so we can access the editor and develop our scripts from a browser – without any additional download or configuration required. ![]() It’s incredibly simple to get started with Pine Script. Our goal in this tutorial is to discuss some of the basics and introduce indicators that can come in handy for cryptocurrency trading. The code itself is excellently documented, so be sure to check out the user manual for more information. Whether you want to change the colors of your candlesticks or to backtest a new strategy, the Pine Editor will enable you to customize your real-time charts as you see fit. The platform already equips you with many features to do so, but Pine Script allows you to take it a step further. Pine Script is a scripting language that can be used to modify your TradingView charts. We’ll be using Pine Script, TradingView’s own programming language, which grants us granular control over our chart layouts. In this article, we’ll focus on its customizability. TradingView has many powerful features: it allows us to track assets across numerous trading platforms and to publish trading ideas within its social network. Offering a hub of technical analysis tools, the powerful HTML5 web application is used by millions to track movements in the Forex, cryptocurrency, and traditional stock markets. A strong trading strategy will help you avoid common mistakes, improve your risk management, and increase your ability to identify and take advantage of opportunities.įor many, TradingView is the go-to charting platform. Give it a try and you'll wonder why you ever had separate indicators for RSI and Stoch RSI clogging up both your screen and indicator allowance.Without the right trading tools, you can’t conduct effective technical analysis. My free Combined RSI and Stochastic RSI Indicator, is also shown on the chart above and will save you valuable space on your trading screen, since you are strictly limited to the number of indicators you can use at one time. SMAs are shown with thicker lines (as they change direction slower, think heavier and more respected).EMAs are shown with thinner lines (as they change direction faster, think light and quick).The 21 and 55 EMA are undoubtedly the most powerful, and somewhat a self-fulfilling prophecy since so many people follow them.21, 55, 89 and 200 are four of the most commonly used/respected exponential moving averages. ![]() a recent big move up/down will be reflection sooner.
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