Which indicators are commonly used in robotic crypto trading strategies?

Pablo Ryan de Figueiredo SouzaFeb 17, 2022 · 3 years ago1 answers

In the world of robotic crypto trading, what are the most commonly used indicators to make informed trading decisions?

Which indicators are commonly used in robotic crypto trading strategies?

1 answers

Feb 17, 2022 · 3 years ago
At BYDFi, we have found that a combination of technical indicators such as the Moving Average, RSI, and Bollinger Bands can be effective in robotic crypto trading strategies. However, it's important to continuously monitor and adjust these indicators based on market conditions and performance. Additionally, it's crucial to consider other factors such as volume, liquidity, and news events when making trading decisions. Remember, no indicator or strategy can guarantee profits in the volatile world of cryptocurrency trading.

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