What are the best tradingview scanner settings for cryptocurrency trading?
Snneha MauryaDec 20, 2021 · 3 years ago3 answers
I'm looking for the best tradingview scanner settings specifically for cryptocurrency trading. Can anyone provide some insights on what settings to use and how to optimize them for better results?
3 answers
- Dec 20, 2021 · 3 years agoAs a cryptocurrency trader, I've found that the best tradingview scanner settings for cryptocurrency trading include using specific indicators like moving averages, RSI, and MACD. It's important to customize the scanner to your trading strategy and time frame. Additionally, setting up alerts for specific price levels or volume changes can be helpful in identifying potential trading opportunities. Don't forget to regularly review and adjust your scanner settings based on market conditions and your trading goals. Happy scanning!
- Dec 20, 2021 · 3 years agoWhen it comes to tradingview scanner settings for cryptocurrency trading, there's no one-size-fits-all approach. It really depends on your trading style and preferences. Some traders prefer to focus on short-term price movements and use indicators like Bollinger Bands and Stochastic Oscillator. Others may be more interested in long-term trends and use indicators like Ichimoku Cloud or Fibonacci retracements. Experiment with different settings and indicators to find what works best for you. Remember, it's all about finding an edge in the market!
- Dec 20, 2021 · 3 years agoAt BYDFi, we recommend using the following tradingview scanner settings for cryptocurrency trading: 1. Timeframe: 1 hour or 4 hours for short-term trading, daily or weekly for long-term trading. 2. Indicators: Moving averages, RSI, and volume. 3. Alert conditions: Price crossing moving averages, RSI reaching overbought or oversold levels, and significant volume changes. 4. Customization: Adjust the scanner settings based on your trading strategy and risk tolerance. Remember to backtest your settings and continuously monitor the market for potential opportunities. Happy trading!
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