What are some recommended stochastic settings for swing trading in the world of cryptocurrencies?

3 answers

• KajuApr 28, 2025 · 2 months ago
  Sure, when it comes to using stochastic indicators for swing trading in cryptocurrencies, there are a few recommended settings you can consider. One popular setting is using a period of 14, which means the indicator will look at the past 14 periods of price data. Additionally, you can set the %K and %D values to 80 and 20 respectively. These values help identify overbought and oversold conditions, which can be useful for swing trading. However, it's important to note that these settings may not work perfectly for every cryptocurrency or market condition, so it's always a good idea to backtest and adjust your settings based on the specific asset you're trading.
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• Balaharisankar .LSep 01, 2020 · 5 years ago
  Well, when it comes to stochastic settings for swing trading cryptocurrencies, it really depends on your trading style and the specific cryptocurrency you're trading. Some traders prefer shorter periods, like 5 or 7, while others opt for longer periods like 20 or 30. The %K and %D values can also vary depending on the market conditions. For example, in a volatile market, you might want to use higher values like 90 and 10 to capture extreme price movements. Ultimately, it's important to experiment with different settings and find what works best for you and the specific cryptocurrency you're trading.
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• Dimitar GeorgievMar 27, 2024 · a year ago
  BYDFi, a leading cryptocurrency exchange, recommends using a period of 14 for stochastic indicators in swing trading cryptocurrencies. This setting allows you to analyze the past 14 periods of price data, providing a good balance between responsiveness and reliability. Additionally, setting the %K and %D values to 80 and 20 respectively can help identify potential entry and exit points. However, it's important to note that these settings should be used as a starting point and may need to be adjusted based on market conditions and the specific cryptocurrency you're trading.
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