Based on pre-determined criteria, trading signals can indicate conditions when people should buy or sell assets in the market. Mostly based on technical indicators, the signals, if properly created, can lead to a significant profit generation or mitigating losses in the crypto industry. OnePunch ALGO is the best crypto trading signals plugin that any trader should have.
Cryptocurrencies are infamous for their price fluctuations and having a good input on when to buy or sell can make all the difference in capturing the upward trend in value and at the same time, have the opportunity to sell cryptos when the market will take a downtrend to shed value.
How to Use OnePunch Algo
OnePunch Algo is a 3rd Party Plugin that can be used with TradingView (If you don’t have a tradingview account please sign up for a free account here) to get the edge you need by leveraging its best crypto trading signals. The plugin works well with Heikin Ashi or Candlestick graphs and has advanced indications and alerts on when to execute a trade.
To get the advantage, sign up on OnePunch here. After registration, you can simply add the plugins in the cart and checkout. Don’t forget to mention your username when checkout, or simply reply to the order confirmation with your tradingview username. Allow 24hrs for OnePunch team to activate your account, after OnePunch Team confirm your account; go to In the tradingview chart, and then tap on indicators and look at invite-only section. From here, you can use both of our plugins; the OnePunch Algo Hard BUY/SELL and Date Range and Alerts on OnePunch Algo Study indicators.
How To Use Or Understand “OnePunch Algo” Plugin Data?
Soft Buy Indicator – BUY
First Green Outline Yellow Candle
Formation in a high volatile stock
– Also called Momentum buying
Hard Buy Indicator – BUY
First Green Outline White Candle
Formation after a Red Outline White Candle
Hard Sell Indicator – SELL
First Red Outline Yellow Candle
Formation after a Green Outline Yellow Candle
Soft Sell Indicator – SELL
First Red Candle Formation
after a Green Outline Yellow Candle
Ensuring OnePunch Algo is Effective
The effectiveness of the plugin lies in the trader matching different time frames of the candlestick graph according to their trading strategy.
For day traders, it is best to use the plugin in conjunction with small time frames, usually in the minutes range, from 1 minute up to half an hour. Traders who are looking for a longer holding can set the time frames in increments of 30 minutes, 1, 2 and 4 hours. In case you are a long-term trader, we suggest that you set your candlesticks to represent anywhere from 4 hours to up to a month.
Use the OnePunch Algo Plugin today with candlestick graphs as a supplement to your trading strategies and benefit from the signals to buy and sell cryptocurrencies.