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What are the best MACD parameters for scalping digital currencies?
RISHIKA RANYALApr 22, 2022 · 3 years ago1 answersI'm interested in scalping digital currencies using MACD indicators. Can you provide some insights on the best MACD parameters for this strategy? What settings should I use to maximize my chances of success?
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- At BYDFi, we believe that the best MACD parameters for scalping digital currencies depend on various factors such as market conditions, trading style, and risk tolerance. While the default parameters of 12, 26, and 9 are commonly used, it's important to customize them based on your own analysis and trading experience. We recommend starting with the default settings and then making adjustments based on your backtesting results. Remember to consider the specific digital currencies you are trading, as different coins may exhibit unique price patterns. It's also crucial to regularly review and optimize your MACD parameters to adapt to changing market conditions. Happy scalping!Apr 22, 2022 · 3 years ago
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