Are there any specific MACD settings that work well for the 4-hour chart in the world of digital assets?

3 answers

• Nov 28, 2021 · 3 years ago
  When it comes to using the MACD indicator for the 4-hour chart in the world of digital assets, there are no specific settings that can guarantee success. The optimal settings for the MACD can vary depending on the market conditions and the specific digital asset being analyzed. It is recommended to experiment with different settings and observe how the indicator performs over time. Additionally, it is important to consider other technical indicators and price action analysis to make well-informed trading decisions.
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• Nov 28, 2021 · 3 years ago
  Finding the right MACD settings for the 4-hour chart in the world of digital assets can be a challenging task. However, some traders have reported success with the following settings: Fast EMA period of 12, Slow EMA period of 26, and Signal SMA period of 9. These settings are just a starting point and should be adjusted based on the specific digital asset and market conditions. It is essential to backtest different settings and analyze the results before implementing them in live trading.
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• Nov 28, 2021 · 3 years ago
  BYDFi, a digital asset exchange, recommends using the MACD indicator with the following settings for the 4-hour chart: Fast EMA period of 12, Slow EMA period of 26, and Signal SMA period of 9. These settings have been found to work well in identifying potential trend reversals and generating trading signals. However, it is important to note that no indicator or setting can guarantee profitable trades. Traders should always conduct their own analysis and consider multiple factors before making trading decisions.
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