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What are the recommended MACD parameters for the 4-hour chart when analyzing digital currencies?

avatarAIMAN ER RAISSINov 27, 2021 · 3 years ago6 answers

When analyzing digital currencies, what are the suggested MACD parameters that are commonly used for the 4-hour chart?

What are the recommended MACD parameters for the 4-hour chart when analyzing digital currencies?

6 answers

  • avatarNov 27, 2021 · 3 years ago
    The recommended MACD parameters for the 4-hour chart when analyzing digital currencies typically include using the default settings of 12, 26, and 9. These parameters are widely used and provide a good balance between sensitivity and reliability. However, it's important to note that different traders may have their own preferences and may adjust these parameters based on their trading strategies and risk tolerance.
  • avatarNov 27, 2021 · 3 years ago
    When it comes to analyzing digital currencies on the 4-hour chart using MACD, the commonly suggested parameters are 12, 26, and 9. These values are widely used and have proven to be effective in capturing short to medium-term trends. However, it's worth mentioning that traders should always consider their own trading style and adjust these parameters accordingly.
  • avatarNov 27, 2021 · 3 years ago
    When it comes to analyzing digital currencies on the 4-hour chart using MACD, it is recommended to use the default parameters of 12, 26, and 9. These values have been widely adopted by traders and are considered to be a good starting point. However, it's important to keep in mind that every trader has their own preferences and may choose to customize these parameters based on their individual trading strategies and goals. Remember, finding the right parameters is a process of trial and error, so don't be afraid to experiment and find what works best for you.
  • avatarNov 27, 2021 · 3 years ago
    The recommended MACD parameters for the 4-hour chart when analyzing digital currencies are 12, 26, and 9. These values have become the industry standard and are widely used by traders. However, it's important to note that MACD parameters can vary depending on the specific trading platform or software being used. It's always a good idea to consult the documentation or support resources provided by your trading platform to ensure you are using the correct parameters for accurate analysis.
  • avatarNov 27, 2021 · 3 years ago
    When analyzing digital currencies on the 4-hour chart using MACD, it is generally recommended to use the default parameters of 12, 26, and 9. These values have been widely accepted by traders and are considered to be a good starting point. However, it's important to remember that no single set of parameters will work perfectly for every situation. It's always a good idea to experiment with different settings and find what works best for your specific trading strategy and goals.
  • avatarNov 27, 2021 · 3 years ago
    BYDFi recommends using the default MACD parameters of 12, 26, and 9 when analyzing digital currencies on the 4-hour chart. These parameters have been widely used and are considered to be a good starting point for most traders. However, it's important to note that individual preferences and trading strategies may require adjustments to these parameters. It's always a good idea to experiment and find the settings that work best for your own trading style and goals.