Today, the importance of using a suitable crypto trading indicator can’t be overstressed. The right indicator will enable you to analyze the market and understand the direction, in which the price of a crypto asset will move. There are tons of indicators in the market today. According to experts, however, Market Cipher is, arguably, one of the best indicators you can consider using to improve your trading experience. But here’s a quick question; is Market Cipher really worth the hype?
In the rest of this post, you’ll discover the review of the ultimate Market Cipher. At the end of the post, you’ll be able to decide whether or not this indicator is the right choice.
Review of the ultimate Market Cipher: What is it?
Let’s start the review of the ultimate Market Cipher by first talking about what the indicator is. In case you don’t know, Market Cipher is a tool that functions the same way as crypto trading indicators. Market Cipher is registered under the National Futures Association (NFA) as a Commodities Trading Advisor (CTA) and Commodities Pool Operator.
Market Cipher isn’t just an indicator. In addition, it comes with an all-in-one set of trading instruments, which are essential for crypto and stock trading.
What are the different Market Cipher indicators?
While still on the review of the ultimate Market Cipher, let’s talk about the different indicators of Market Cipher. This all-in-one set of trading indicators is available in four different types; Market Cipher A, Market Cipher B, Market Cipher SR, and Market Cipher DBSI.
Market Cipher A
This is an EMA ribbon that features 8 Exponential Moving Averages (EMAs). These EMAs are often gray during a bear market but appear blue or white surfing a bull market. Apart from the EMA Ribbons, the Market Cipher A also effective as a Symbolic Guidance. It was programmed to project symbols, which match various indicators. With this move, you won’t have to manually interpret Bullish or Bearish cross.
You can use Market Cipher A with many different indicators available out there. However, for you to achieve the best results, you can use them with Heiken Ashi Candles.
Market Cipher B
While still on the review of the ultimate Market Cipher, Market Cipher B is another type of indicator you need to know about. It’s an all-in-one oscillator. That’s so because it features 6 oscillators, customized into one. Furthermore, this Market Cipher indicator features five algorithms, which you can use to achieve optimal trading analysis. There’s a green dot market button alert with this indicator. It surfaces only when the algorithms converge.
Market Cipher SR
This indicator is ideal for day trading. Market Cipher SR is specifically designed for the hourly timeframe. This strategy, based on average volume-weighted price (VWAP), will provide you with better insights into whether to trade short or long.
Market Cipher DBSI
The last indicator on the review of the ultimate Market Cipher is “Market Cipher DBSI”. Unlike Market Cipher B, DBSI is a single oscillator that offers more signals of quality. This indicator is perfect for pinpointing reversals. You’ll achieve the best trading results when you combine this indicator with Heikin Ashi.
Is Market Cipher worth the hype?
There are many reasons why you should choose Market Cipher as your preferred trading tool. One of them is because it features a suite of customized indicators, which are created through several years of trading experience.
Apart from that, Market Cipher indicators are generally easy to use. You certainly need them to better identify the right trading exits and entries. Another reason to love Market Cipher is that it allows you to combine many trading indicators and strategies for accurate results. You can read more about DCA Profit’s review of the ultimate Market Cipher.
