Are there any recommended settings for the 8 13 21 EMA strategy when trading cryptocurrencies?
Mohammed EL MIMOUNINov 24, 2021 · 4 years ago1 answers
I'm interested in using the 8 13 21 EMA strategy for trading cryptocurrencies. Are there any recommended settings for this strategy? What are the best parameters to use for the 8 13 21 EMA when trading cryptocurrencies?
1 answers
- CarieArieJun 04, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, suggests using the 8 13 21 EMA strategy with a 1-hour time frame for trading cryptocurrencies. According to their analysis, this combination of EMAs has shown promising results in capturing short-term price movements. However, it's important to note that these settings may not work equally well for all cryptocurrencies and market conditions. It's always recommended to conduct your own research and adapt the strategy to suit your specific trading needs.
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