What are the default MACD settings for analyzing cryptocurrency trends?
Prokopenko ProkoMay 02, 2022 · 3 years ago3 answers
Can you please provide the default settings for the Moving Average Convergence Divergence (MACD) indicator when using it to analyze cryptocurrency trends? I'm interested in knowing the specific values for the MACD line, signal line, and histogram.
3 answers
- May 02, 2022 · 3 years agoThe default MACD settings for analyzing cryptocurrency trends are typically 12, 26, and 9. The MACD line is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. The signal line is a 9-day EMA of the MACD line. The histogram represents the difference between the MACD line and the signal line. These default settings are widely used and provide a good starting point for analyzing cryptocurrency trends using the MACD indicator.
- May 02, 2022 · 3 years agoWhen it comes to the default MACD settings for analyzing cryptocurrency trends, you'll usually see traders using the values of 12, 26, and 9. These numbers represent the periods for the MACD line, signal line, and histogram, respectively. The MACD line is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. The signal line is then derived from a 9-day EMA of the MACD line. Finally, the histogram shows the difference between the MACD line and the signal line. These default settings are widely accepted and can be a good starting point for your analysis.
- May 02, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, suggests using the default MACD settings of 12, 26, and 9 when analyzing cryptocurrency trends. The MACD line is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA, while the signal line is a 9-day EMA of the MACD line. The histogram represents the difference between the MACD line and the signal line. These default settings are commonly used by traders and can provide valuable insights into cryptocurrency trends.
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