✅ Which indicators provide accurate Long and Short signals.
✅ How to set up automated trading based on signals.
✅ How to use TradingView and Cryptonna to generate and automate signals.
✅ Common mistakes traders make when using indicators and how to avoid them.
🔥 Technical analysis is one of the key tools for traders.
Automated signals help make quick decisions for entering and exiting trades. In this guide from Cryptonna.com, we will explore the best indicators for Long and Short signals and show how to use them on TradingView and Cryptonna.com.
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🔹 Best Indicators for Long and Short Entry – Top Signals for Automated Trading
💡 Trading indicators are technical analysis tools that help traders determine the best moments to enter (Long) or exit (Short) a position.
📌 TOP 5 indicators for finding Long/Short signals:
1. RSI (Relative Strength Index) – Overbought & Oversold Signals
✅ Long Signal: RSI < 30 (oversold, price is ready to rise).
✅ Short Signal: RSI > 70 (overbought, potential pullback).
Using RSI in TradingView:
✔ Create alerts → Set notifications for RSI 30 and 70.
✔ Automation → Connect via Webhook API to Cryptonna for automated execution.
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2. MACD (Moving Average Convergence Divergence) – Reversal Indicator
✅ Long Signal: When the MACD line crosses above the signal line.
✅ Short Signal: When the MACD line crosses below the signal line.
Application:
✔ Best for mid-term trading.
✔ More effective on higher timeframes (H4, D1).
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3. Bollinger Bands – Breakout & Trend Signals
✅ Long Signal: Price breaks below the lower Bollinger Band and moves back inside.
✅ Short Signal: Price breaks above the upper Bollinger Band and starts declining.
How to Automate?
✔ Set alerts in TradingView.
✔ Connect to Cryptonna trading bot via API.
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4. Supertrend – Trend-Following Indicator for Long and Short
✅ Long Signal: Price crosses Supertrend from below (green signal).
✅ Short Signal: Price crosses Supertrend from above (red signal).
✔ Works on all timeframes.
✔ Ideal for scalping and swing trading.
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5. Volume Profile – Identifying Key Support & Resistance Levels
✅ Long Signal: Price reaches a support level with high volume.
✅ Short Signal: Price tests a resistance level and starts declining.
Best Practice:
✔ Combine with RSI or MACD.
✔ Use for breakout or reversal trading.
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🔹 How to Connect Indicators to Automated Trading with TradingView & Cryptonna?
📌 Step-by-Step Guide:
1️⃣ Set Up Indicators on TradingView:
• Select an indicator (RSI, MACD, Bollinger Bands, etc.).
• Enable alerts at key levels.
2️⃣ Connect Webhook API:
• Use Cryptonna Webhook URL to trigger automatic trades.
3️⃣ Link to an Exchange:
• Select a compatible exchange (Binance, Bybit, OKX).
• Add API keys for secure trading.
4️⃣ Configure the Trading Bot:
• Choose a strategy (Long/Short).
• Set Stop-Loss and Take-Profit levels.
📢 Conclusion: Automating signals through TradingView and Cryptonna allows for instant trade execution without manual intervention.
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🔹 Common Mistakes in Signal Trading & How to Avoid False Entries
📌 Top 3 mistakes traders make when using indicators:
❌ Using a single indicator without confirmation
💡 Solution: Combine multiple indicators (e.g., RSI + MACD).
❌ Ignoring fundamental news and market events
💡 Solution: Monitor important economic reports and news.
❌ No risk management strategy
💡 Solution: Always use Stop-Loss and Take-Profit levels.
📢 Conclusion: The best traders always use indicator combinations, analyze the market, and apply risk management.
