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Are there any specific settings or timeframes that work best for RSI and Stochastic strategy in the cryptocurrency market?

avatarlabhamsharmaDec 17, 2021 · 3 years ago1 answers

When using the RSI and Stochastic strategy in the cryptocurrency market, are there any specific settings or timeframes that tend to yield better results? I'm interested in optimizing my trading strategy and would like to know if there are any recommended settings or timeframes for these indicators in the cryptocurrency market.

Are there any specific settings or timeframes that work best for RSI and Stochastic strategy in the cryptocurrency market?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we believe that there are no specific settings or timeframes that universally work best for the RSI and Stochastic strategy in the cryptocurrency market. The effectiveness of these indicators can vary depending on market conditions and individual trading styles. It's important to conduct thorough research, backtest different settings, and adapt your strategy based on the specific cryptocurrency you're trading. Remember, successful trading requires continuous learning and adjustment.