What are the best center of gravity indicator settings for trading cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  The best center of gravity indicator settings for trading cryptocurrencies can vary depending on the specific coin and market conditions. However, a common approach is to use a period of 20 for the indicator. This provides a good balance between responsiveness and smoothness. Additionally, it's important to adjust the standard deviation factor based on the volatility of the cryptocurrency you're trading. Higher volatility may require a larger standard deviation factor to capture price movements accurately.
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• Dec 26, 2021 · 3 years ago
  When it comes to the center of gravity indicator settings for trading cryptocurrencies, there is no one-size-fits-all answer. It's crucial to experiment with different settings and find what works best for your trading strategy. Some traders prefer shorter periods, like 10 or 14, for faster signals, while others opt for longer periods, such as 50 or 100, for smoother trends. Ultimately, it's about finding the right balance between responsiveness and reliability.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using a center of gravity indicator with a period of 20 and a standard deviation factor of 2. This setting has been found to be effective in capturing price movements and identifying potential entry and exit points. However, it's important to note that individual preferences and trading styles may vary, so it's always a good idea to backtest different settings and adjust accordingly.
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