#TradingTools101 How to use real indicators on Binance mobile
You don’t need a separate platform to read charts properly. The Binance app already gives you everything you need. Open any trading pair, then tap the indicator icon under the chart (three sliders). That opens the full indicator panel.
Under “Main,” I keep BOLL (Bollinger Bands) active. It shows price volatility and short-term ranges. When the candles hit the upper band, the move is stretched. If they stick outside the band, it’s breakout territory. When they ride the lower band and flatten, it usually means exhaustion.
Under “Sub,” I use seven tools:
Volume, MACD, RSI, StochRSI, WR, OBV.
Here’s what each tells you—and how to actually read the lines:
MACD (yellow = DIF, purple = DEA):
If the yellow line is above the purple, momentum is bullish. When it starts curling back down, the move may be losing steam. The green/red bars (histogram) confirm this. Shrinking bars mean the move is slowing.
RSI (usually 3 lines):
RSI(6) is the fast one: orange or yellow. It reacts first. If it spikes over 70, the move is overbought. RSI(12) and RSI(24) are slower, those help confirm the trend. When all three rise together, that’s momentum. When the short one turns but the others don’t follow, it’s probably just noise.
StochRSI (two fast-moving lines):
Shows when a move is overdone or losing energy. Over 80 = stretched. Under 20 = possibly bottomed. The faster yellow line crossing down through the slower one can warn of a reversal before it happens.
WR (%R or Williams % Range):
If it’s above –20, price is hot. Below –80, it’s weak. Unlike RSI, WR tends to stay longer in extremes, which helps you avoid early exits.
OBV (On-Balance Volume):
Tracks whether volume supports the move. If OBV is rising with price, the trend is healthy. If OBV flattens while price climbs, it’s suspect—likely a weak push.
Volume (bottom bar chart):
Pay attention to the size of the green and red bars. Big green candles on rising volume = commitment. If volume drops off after a breakout, that breakout may fail.