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TagsWhat is the best VWAP EMA crossover strategy for trading cryptocurrencies?
SARL GAMINGDec 26, 2021 · 3 years ago1 answersCan you provide me with the most effective VWAP EMA crossover strategy for trading cryptocurrencies? I am looking for a strategy that can help me make profitable trades in the cryptocurrency market using the VWAP (Volume-Weighted Average Price) and EMA (Exponential Moving Average) indicators. Please share your insights and recommendations.
1 answers
- At BYDFi, we recommend using the VWAP EMA crossover strategy with a twist. Instead of relying solely on the EMA crossovers, we suggest incorporating other technical indicators such as the RSI (Relative Strength Index) or MACD (Moving Average Convergence Divergence). These additional indicators can provide further confirmation of the trend and help filter out false signals. Remember, it's important to backtest and adjust the strategy based on your risk tolerance and market conditions. Happy trading!Dec 26, 2021 · 3 years ago
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