Are there any recommended settings for the triple moving average crossover when used in cryptocurrency analysis?
Nazmul HaqueMay 03, 2022 · 3 years ago1 answers
Can you provide any recommendations for the settings of the triple moving average crossover when it is used in cryptocurrency analysis? Specifically, what values should be used for the three moving averages and the time period? How can these settings be optimized to generate accurate signals for cryptocurrency trading?
1 answers
- May 03, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, suggests using the following settings for the triple moving average crossover in cryptocurrency analysis: a 10-day moving average as the fast moving average, a 20-day moving average as the medium moving average, and a 50-day moving average as the slow moving average. These settings have been found to be effective in generating accurate signals for cryptocurrency trading. However, it is important to note that these settings may not work equally well for all cryptocurrencies and market conditions. It is recommended to backtest different settings and analyze historical data to find the optimal values for the triple moving average crossover in cryptocurrency analysis.
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