What are the recommended MACD settings for scalping cryptocurrency?
shanmukh cherukuriDec 17, 2021 · 3 years ago3 answers
I'm interested in scalping cryptocurrency using MACD indicators. Can you provide me with the recommended settings for MACD when scalping? I want to optimize my trading strategy and make the most out of short-term price movements.
3 answers
- Dec 17, 2021 · 3 years agoWhen it comes to scalping cryptocurrency using MACD, the recommended settings are usually a fast EMA of 12, a slow EMA of 26, and a signal line of 9. These settings are commonly used and can provide good signals for short-term trading. However, it's important to note that different traders may have their own preferences and adjust the settings based on their trading style and the specific cryptocurrency they are trading.
- Dec 17, 2021 · 3 years agoIf you're looking for the recommended MACD settings for scalping cryptocurrency, you'll find that there is no one-size-fits-all answer. The optimal settings can vary depending on the market conditions, the specific cryptocurrency you're trading, and your personal trading style. It's recommended to experiment with different settings and find what works best for you. Keep in mind that scalping requires quick decision-making and the ability to react to fast price movements, so it's important to stay flexible and adapt your strategy as needed.
- Dec 17, 2021 · 3 years agoWhen it comes to scalping cryptocurrency using MACD, BYDFi recommends using a fast EMA of 12, a slow EMA of 26, and a signal line of 9. These settings have been found to provide reliable signals for short-term trading. However, it's important to remember that no indicator or setting can guarantee success in trading. It's always recommended to combine multiple indicators and use them in conjunction with other analysis techniques to make informed trading decisions.
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