What are the recommended Schaff Trend Cycle settings for analyzing cryptocurrency trends?
Jelena JocicDec 26, 2021 · 3 years ago3 answers
I'm interested in using the Schaff Trend Cycle indicator to analyze cryptocurrency trends. Can you provide me with the recommended settings for this indicator?
3 answers
- Dec 26, 2021 · 3 years agoThe recommended settings for the Schaff Trend Cycle indicator when analyzing cryptocurrency trends are typically a period of 10 for the Fast Length, 23 for the Slow Length, and 50 for the MACD Length. These settings have been found to work well in capturing the short-term and long-term trends in cryptocurrency price movements.
- Dec 26, 2021 · 3 years agoWhen it comes to the Schaff Trend Cycle indicator for analyzing cryptocurrency trends, there is no one-size-fits-all setting. It's important to experiment with different settings and find what works best for the specific cryptocurrency you're analyzing. However, a commonly used starting point is a Fast Length of 10, Slow Length of 23, and MACD Length of 50.
- Dec 26, 2021 · 3 years agoBYDFi, a popular cryptocurrency exchange, recommends using a Fast Length of 10, Slow Length of 23, and MACD Length of 50 when using the Schaff Trend Cycle indicator to analyze cryptocurrency trends. These settings have been found to provide reliable signals for identifying trend reversals and confirming trend strength.
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