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How is AGGR used in trading?
The use of AGGR in trading refers to the aggregation function that allows traders to analyze market data more efficiently. Here’s a guide on how to use AGGR in the context of trading:
What is AGGR?
AGGR is a tool that allows traders to see charts of up to one second and all liquidations in the market. It is especially useful for volume analysis and identifying short-term trends.
How to Use AGGR in Trading
Access to the Platform: First, access a platform that offers the AGGR function, such as aggr.trade.
Setting Up Indicators: Set up the indicators you want to use. You can adjust the time frame, technical indicators, and filters according to your needs.
Volume Analysis: Use AGGR to analyze the trading volume. Observe the volume of shorts and longs to predict market movements. High volume can indicate a significant movement.
Identification of Liquidations: AGGR allows you to see liquidations in real-time. This is useful for identifying entry and exit points in the market.
Complement with Other Indicators: Use AGGR along with other technical indicators such as RSI, MACD, and support and resistance levels to get a more comprehensive view of the market.
Practical Example
Suppose you are observing the trading volume in AGGR and notice a significant increase in the volume of shorts. This could indicate a possible market reversal. You can complement this information with other technical indicators to make an informed decision about your trade.
For more details on how to use AGGR in trading, you can watch this tutorial or this complete guide.
If you have any other questions or need more information, let me know!