Using the Signals Helper in Discord

Guide: Using the Signals Helper in Discord

The Signals Helper in Discord is a useful tool to receive alerts on selected assets, helping you make more informed trading decisions. Here’s a step-by-step guide on how to use it effectively:

1. Understanding Signals Helper Alerts
   • Signals Helper provides alerts on specific assets, indicating potential market directions with labels such as Buy, Sell, Strong Buy, or Strong Sell.
   • These signals are not generated for every asset. Since TradingView has over 30,000 assets, only a selected group is covered to keep the signals relevant and focused.
2. Signals are Just the Start
   • While Signals Helper offers helpful insights, they are not standalone instructions to buy or sell.
   • When you get an alert, perform a full technical analysis to validate the signal and make sure it aligns with other indicators and market conditions.
3. Trade with the Trend
   • Always aim to trade in the direction of the market’s overall trend. Look at the larger time frames to determine if the trend is bullish, bearish, or neutral.
   • Filter signals by only acting on those that align with the current trend. For example, if the market trend is up, focus on Buy or Strong Buy signals rather than Sell signals.
4. Putting It All Together
   • Receive an alert ➔ Analyze the trend and confirm with technical indicators ➔ Only act if the signal aligns with the trend.
   • By doing this, you’ll ensure a disciplined approach that reduces unnecessary risk and improves your trading accuracy.

Remember, Signals Helper is a tool to assist you, not a substitute for comprehensive analysis. Make sure each trade aligns with both your strategy and the market trend for the best results.