Hello, Bro! Today I will tell you how to set up the main advanced indicators right in the Binance terminal — it's not difficult, and anyone who wants to take their analysis to the next level can handle it. Let's go!
🚀 Setting up indicators in the Binance terminal
🟦 How to open a chart and add indicators
1. Go to the 'Trading' section
- Go to the Binance website and select 'Trading' (for example, classic or advanced mode).
2. Choose the desired currency pair
- In the upper left corner, select the desired cryptocurrency, for example, BTC/USDT.
3. Open the chart
- A price chart will appear in the center of the screen.
4. Adding Indicators
- In the top panel, click the 'Indicators' button (icon shaped like a chart or 'Functions').
- In the dropdown menu, select the desired indicator or enter its name in the search.
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🟦 Setting up specific indicators
◾️ 1. VWAP
- Availability: There is no built-in VWAP in Binance, but it can be implemented through third-party platforms or similar indicators.
- Alternative: You can use third-party graphic platforms like TradingView, connected to Binance. It has VWAP by default.
◾️ 2. Ichimoku Cloud
- In the indicators menu, look for 'Ichimoku Cloud' and select it.
- After adding, you will see lines and a cloud that can be adjusted: color, line thickness, period.
◾️ 3. Pivot Points
- Binance has built-in 'Pivot Points' levels — look for them in the list.
- You can choose the type — standard, Fibonacci, Woodie, and set the period (for example, daily or weekly).
◾️ 4. Fibonacci Retracements
- Binance does not have a built-in Fibonacci tool, but you can easily add it through graphic tools:
- In the toolbar, click 'Drawing' (icon with lines/pencil).
- Select 'Fibonacci Line' and stretch it on the chart from the local maximum to the minimum or vice versa.
- After this, the levels will automatically appear on your chart.
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🟦 Tips for setup
- Line colors and thicknesses — change according to your preferences for better readability.
- Period settings — for indicators such as Ichimoku or Pivot, choose periods depending on the timeframe (1 minute, 1 hour, daily).
- Save templates — Binance allows you to save configured charts and indicators as templates for quick reuse.
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