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TagsWhat are the recommended MACD settings for analyzing 1-minute charts in the cryptocurrency market?
Jelena JocicDec 27, 2021 · 3 years ago1 answersI'm interested in using MACD to analyze 1-minute charts in the cryptocurrency market. Can you provide some recommendations for the best MACD settings to use in this scenario?
1 answers
- BYDFi recommends using the default MACD settings of 12, 26, and 9 for analyzing 1-minute charts in the cryptocurrency market. These settings are widely used and can provide reliable signals for short-term trading. However, it's important to note that MACD is just one tool in your trading toolbox, and it should be used in conjunction with other indicators and strategies to make informed trading decisions. Remember to always do your own research and analysis before making any trading decisions in the cryptocurrency market.Dec 27, 2021 · 3 years ago
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