What is the best indicator to use with MACD for cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  One of the best indicators to use with MACD for cryptocurrency trading is the RSI (Relative Strength Index). RSI can help identify overbought or oversold conditions in the market, which can be used in conjunction with MACD signals to make more informed trading decisions. It's important to note that no single indicator is foolproof, so it's always recommended to use a combination of indicators for a more comprehensive analysis.
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• Dec 17, 2021 · 3 years ago
  In my experience, the best indicator to use with MACD for cryptocurrency trading is the Bollinger Bands. Bollinger Bands can help identify volatility and potential price breakouts, which can complement the signals provided by MACD. By combining these two indicators, you can have a better understanding of market trends and potential entry or exit points for your trades.
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• Dec 17, 2021 · 3 years ago
  When it comes to cryptocurrency trading, BYDFi has developed a proprietary indicator called the Crypto Trend Indicator (CTI) that works exceptionally well with MACD. The CTI analyzes multiple data points and market trends to provide accurate signals for buying or selling cryptocurrencies. It's a powerful tool that can enhance your trading strategy when used in conjunction with MACD. However, it's always recommended to do your own research and backtest any indicators before relying solely on them for trading decisions.
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