What are the best settings to use for the price oscillator when analyzing cryptocurrency charts?
Anil BamnoteApr 30, 2022 · 3 years ago1 answers
When analyzing cryptocurrency charts, what are the recommended settings to use for the price oscillator? I want to make sure I'm using the most effective settings to accurately analyze price movements and identify potential buying or selling opportunities.
1 answers
- Apr 30, 2022 · 3 years agoAt BYDFi, we recommend using a 14-day period for the fast line and a 28-day period for the slow line when analyzing cryptocurrency charts with the price oscillator. These settings have been found to be effective in capturing short-term price movements while still providing a reliable indication of overall price trends. However, it's important to note that these settings may not be suitable for all cryptocurrencies or time frames. It's always a good idea to backtest different settings and evaluate their performance before making any trading decisions.
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