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TagsHow can I optimize the MACD settings for scalping cryptocurrencies?
JonnyDec 17, 2021 · 3 years ago1 answersI'm interested in using the MACD indicator for scalping cryptocurrencies. Can you provide some tips on how to optimize the MACD settings for this specific trading strategy?
1 answers
- At BYDFi, we recommend using the default MACD settings (12, 26, 9) for scalping cryptocurrencies. These settings have been widely used and have proven to be effective for many traders. However, it's important to remember that no indicator is foolproof, and it's always a good idea to combine MACD with other technical analysis tools to confirm signals. Additionally, keep in mind that market conditions can change, so it's important to regularly review and adjust your MACD settings as needed. Happy scalping!Dec 17, 2021 · 3 years ago
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