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What are the recommended settings for a beginner using cryptocurrency trading view?

avatarRamya ShreeDec 29, 2021 · 3 years ago4 answers

As a beginner in cryptocurrency trading, I would like to know what settings are recommended for using a cryptocurrency trading view platform. What are the key settings that I should pay attention to? How can I optimize my trading view experience to make better trading decisions?

What are the recommended settings for a beginner using cryptocurrency trading view?

4 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to using a cryptocurrency trading view platform as a beginner, there are a few settings that you should consider. First, make sure to set your preferred time frame for viewing price charts. This will depend on your trading strategy and the duration of your trades. Additionally, you may want to customize the indicators and overlays that are displayed on the charts. Experiment with different combinations to find the ones that work best for you. Lastly, don't forget to set up price alerts for important levels or events. This will help you stay informed and take action when necessary.
  • avatarDec 29, 2021 · 3 years ago
    As a beginner using a cryptocurrency trading view platform, it's important to start with the basics. Begin by setting your preferred time frame, such as 1 hour or 4 hours, to analyze price charts. This will give you a better understanding of the market trends. Next, consider adding popular indicators like moving averages or MACD to your charts. These indicators can provide valuable insights into market momentum and trend reversals. Lastly, don't forget to adjust the chart layout to your preference. You can customize the colors, gridlines, and other visual elements to make it easier for you to interpret the charts.
  • avatarDec 29, 2021 · 3 years ago
    As a beginner using a cryptocurrency trading view platform, I recommend starting with the default settings and gradually customizing them based on your trading style and preferences. Each trader has their own unique approach, so it's important to experiment and find what works best for you. However, if you're looking for a more advanced and customizable trading view experience, I would recommend checking out BYDFi. They offer a wide range of features and settings that can help you optimize your trading strategy and make better trading decisions.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to using a cryptocurrency trading view platform as a beginner, there are a few settings that you should pay attention to. First, set your preferred time frame to analyze the price charts. This will depend on your trading strategy and the duration of your trades. Second, consider adding popular indicators like RSI or Bollinger Bands to your charts. These indicators can provide insights into market trends and potential entry or exit points. Lastly, don't forget to set up price alerts for important levels or events. This will help you stay updated and take action when needed.