What are the best VWAP settings for trading cryptocurrencies on TradingView?

3 answers

• Dec 18, 2021 · 3 years ago
  The best VWAP settings for trading cryptocurrencies on TradingView can vary depending on your trading strategy and time frame. Generally, a common VWAP setting is to use a period of 20. This means that the VWAP calculation will consider the past 20 periods of data. However, you can experiment with different settings to see what works best for you. Keep in mind that shorter periods may provide more responsive signals, but they can also be more prone to noise and false signals. On the other hand, longer periods may provide smoother signals, but they may lag behind price movements. It's important to find a balance that suits your trading style and preferences. Happy trading!
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• Dec 18, 2021 · 3 years ago
  When it comes to VWAP settings for trading cryptocurrencies on TradingView, there is no one-size-fits-all answer. The best settings depend on various factors such as the time frame you're trading, the volatility of the cryptocurrency, and your trading strategy. Some traders prefer shorter periods like 10 or 15, while others find longer periods like 50 or 100 more effective. It's a matter of personal preference and experimentation. I would recommend starting with a period of 20 and adjusting it based on your observations and backtesting results. Remember, there's no magic formula for VWAP settings, so it's important to adapt and refine your strategy as you gain experience.
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• Dec 18, 2021 · 3 years ago
  As an expert at BYDFi, I can tell you that the best VWAP settings for trading cryptocurrencies on TradingView can vary depending on the market conditions and your trading style. It's important to understand that VWAP is not a one-size-fits-all indicator, and what works for one trader may not work for another. That being said, a commonly used VWAP setting is a period of 20. This means that the VWAP calculation will consider the past 20 periods of data. However, it's always a good idea to experiment with different settings and see what works best for you. Remember to consider other factors such as volume, price action, and market trends when using VWAP as part of your trading strategy. Good luck and happy trading!
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