Report post

What indicator should I use on a 15 minute chart?

The best indicator to use on a 15-minute chart for optimum profits is the combination of the Supertrend indicator, the 5 EMA, and the 20 EMA. A Supertrend indicator is pretty similar to Moving Averages in the sense that it is plotted on price and can determine the current market price trends. How do you trade a 15 minute crypto chart?

Should you trade on a 10 or 15 minute chart?

Trading on a 10- or 15-minute chart requires less constant focus because bars/candles are occurring over a longer period. If you wait for candles to close (don’t have to) then there is at least a 10 or 15-minute period between possible actions. Traders on this time frame may only be taking one or two trades a day.

What is a 15-minute trading strategy?

Sell when the price is about two pips below the support level. The 15-minute trading strategy requires the ability to read candlestick charts and understand support and resistance levels. The most straightforward trading strategy is the 15-minute breakout. You don’t need to use anything other than the chart, adding trendlines if needed.

Can you use 20 EMA in a 15 minute chart?

Not only for scalping, you can also use 20 EMA in the 15-minute chart for day trading. However, in day trading, you'll typically need a particular pattern before you start your trade and once you find one, make sure to confirm it with the support and resistance levels. The pattern itself is quite easy to recognize.

The World's Leading Crypto Trading Platform

Get my welcome gifts