What could be the best indicator for Day trading (Crypto/Stocks)?
What could be the best indicator for Day trading (Crypto/Stocks)?
I’m relatively new to trading and planning to set algotrading for passive income, though I’m uncertain about its effectiveness after reading that it often fails. I’m seeking reliable indicators to use and plan to find relevant PineScript code for them (if you have any PineScript that could lead to profitable trades, I’d be extremely grateful if you can share.)
you are new to trading and intend to just immediately do algotrading?
Do you already have a tested profitable trading system that you now want to fully automate?
If the answer is no then you probably should focus on that first. Otherwise all you will do is automate losing your money.
Also just be aware no one is actually going to share an algo with you that is profitable because finding one takes incredible amounts of time effort and risk, no one is gonna just hand that to you.