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AthenaLynx
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Do you find that sometimes the indicators do not show you any information?
It's not that your #RSI or your #EMA. are damaged. If you notice that they don't work with some currencies, the reason is purely technical, and here I explain it to you simply:
Both the Relative Strength Index (RSI) and the Exponential Moving Average (EMA) depend on the number that appears in parentheses, for example: RSI (6) or EMA (20). That number is the key to everything.
That number indicates how many "periods" the indicator is counting. The duration of each period depends on the timeframe you are viewing in your chart:
- If you are viewing the chart in 1 hour, an RSI (6) calculates the data from the last 6 hours.
- If you switch to 15 minutes, that same RSI (6) now calculates only an hour and a half (15 minutes X 6).
This is where the confusion occurs. A period is equivalent to a unit of the timeframe you visualize. That’s why, in a newly launched token on Binance, the information is often incomplete:
If a token has only been alive for 12 hours and you are viewing it on the 1-hour chart, the EMA (20) will not appear on your screen. The reason is simple: the indicator needs 20 hours of history to be able to plot the line, and the token only has 12. In that case, you would only be able to see indicators of shorter periods, like the EMA (9).
In summary: For a #indicador to work, the chart must have at least the same number of candles as the number in parentheses. If the token is very young, give it time for the indicators to have sufficient data to work with.
@KiuTrades #KiuTradesAcademy #LegionKiuTrades
$LYN $KITE $ROBO
It's not that your #RSI or your #EMA. are damaged. If you notice that they don't work with some currencies, the reason is purely technical, and here I explain it to you simply:
Both the Relative Strength Index (RSI) and the Exponential Moving Average (EMA) depend on the number that appears in parentheses, for example: RSI (6) or EMA (20). That number is the key to everything.
That number indicates how many "periods" the indicator is counting. The duration of each period depends on the timeframe you are viewing in your chart:
- If you are viewing the chart in 1 hour, an RSI (6) calculates the data from the last 6 hours.
- If you switch to 15 minutes, that same RSI (6) now calculates only an hour and a half (15 minutes X 6).
This is where the confusion occurs. A period is equivalent to a unit of the timeframe you visualize. That’s why, in a newly launched token on Binance, the information is often incomplete:
If a token has only been alive for 12 hours and you are viewing it on the 1-hour chart, the EMA (20) will not appear on your screen. The reason is simple: the indicator needs 20 hours of history to be able to plot the line, and the token only has 12. In that case, you would only be able to see indicators of shorter periods, like the EMA (9).
In summary: For a #indicador to work, the chart must have at least the same number of candles as the number in parentheses. If the token is very young, give it time for the indicators to have sufficient data to work with.
@KiuTrades #KiuTradesAcademy #LegionKiuTrades
$LYN $KITE $ROBO
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.