When using coinpass Advanced Trade, you can add different indicators to your trading charts to gain deeper insights into the crypto trading pair you are looking at and develop your own trading strategy.
What is an Indicator?
An Indicator is a tool combined with technical analysis that can help traders predict the price movement of cryptocurrencies with more accuracy. You can add indicators onto your coinpass Trade charting by clicking Indicators and choosing from the drop-down selection.
Some Entry Level Indicators to get started with:
Exponential Moving Average (EMA)
The Exponential Moving Average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock or commodity) over time. You can add single or multiple moving averages to your trading experience.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.
What is an Indicator?
An Indicator is a tool combined with technical analysis that can help traders predict the price movement of cryptocurrencies with more accuracy. You can add indicators onto your coinpass Trade charting by clicking Indicators and choosing from the drop-down selection.
Some Entry Level Indicators to get started with:
Exponential Moving Average (EMA)
The Exponential Moving Average (EMA) is a technical chart indicator that tracks the price of an investment (like a stock or commodity) over time. You can add single or multiple moving averages to your trading experience.
Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.
When the RSI indicator is low, this can signal that the market is oversold and could indicate a future uptrend in price. When the RSI indicator is high, this can signal that the market is overbought and can signal a future downtrend in the market price.
For any technical and account-related concerns, please send an email to support@coinpass.com or click the help button chat from our website to chat with our live support. We are happy to assist daily from 07:00 AM to 12:00 MN UK time.