Fengrui YeDec 26, 2021 · 3 years ago1 answers What are the most effective RSI settings for identifying short-term trading opportunities in cryptocurrencies on a 5-minute chart?
In the world of cryptocurrencies, traders often use the Relative Strength Index (RSI) as a technical indicator to identify short-term trading opportunities. On a 5-minute chart, what are the RSI settings that have proven to be the most effective in identifying these opportunities? How can these settings be optimized to maximize profits and minimize risks?