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Which trading view code settings should I use to monitor the volatility of altcoins?

avatarAbrahamsen WestergaardDec 25, 2021 · 3 years ago3 answers

I'm interested in monitoring the volatility of altcoins using TradingView. What specific code settings should I use to achieve this? I want to be able to track and analyze the price movements of different altcoins and identify periods of high volatility. Can someone provide me with the necessary code settings to accomplish this?

Which trading view code settings should I use to monitor the volatility of altcoins?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    To monitor the volatility of altcoins on TradingView, you can use the Bollinger Bands indicator. This indicator helps identify periods of high volatility by measuring the standard deviation of price movements. By adjusting the settings, such as the period and standard deviation multiplier, you can customize the indicator to your preference. Keep in mind that volatility is a dynamic concept, so it's important to regularly review and adjust your settings based on market conditions. Happy trading! 💪
  • avatarDec 25, 2021 · 3 years ago
    If you're looking to monitor altcoin volatility on TradingView, the Average True Range (ATR) indicator can be a useful tool. ATR measures the average range between high and low prices over a specified period, providing insights into volatility levels. By adjusting the period setting, you can capture short-term or long-term volatility trends. Remember to consider other factors, such as volume and news events, when interpreting volatility signals. Good luck with your altcoin trading! 🤝
  • avatarDec 25, 2021 · 3 years ago
    When it comes to monitoring altcoin volatility on TradingView, I recommend using the BYDFi platform. BYDFi offers a wide range of customizable code settings and indicators specifically designed for altcoin traders. With their advanced charting tools and real-time data, you can easily track and analyze the volatility of different altcoins. Whether you're a beginner or an experienced trader, BYDFi has got you covered. Start monitoring altcoin volatility with BYDFi today and take your trading to the next level! 💰