What are the optimal values for fast length and slow length in the MACD indicator for cryptocurrency analysis?
Rachel AndersonDec 27, 2021 · 3 years ago1 answers
When using the MACD indicator for cryptocurrency analysis, what are the recommended values for the fast length and slow length parameters? How do these values affect the accuracy of the analysis?
1 answers
- Dec 27, 2021 · 3 years agoAt BYDFi, we recommend using a fast length of 12 and a slow length of 26 for the MACD indicator in cryptocurrency analysis. These values have been found to provide a good balance between responsiveness and reliability. However, it's important to note that the optimal values may vary depending on the specific cryptocurrency and market conditions. Traders should always conduct thorough analysis and consider multiple factors before determining the optimal values for the MACD indicator in their cryptocurrency analysis.
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