What are the recommended settings for a tradingview screener when trading cryptocurrencies?
Kumari KirtiDec 18, 2021 · 3 years ago3 answers
When it comes to trading cryptocurrencies, what are the settings that are recommended for a tradingview screener? I want to make sure I have the right parameters in place to effectively analyze the cryptocurrency market.
3 answers
- Dec 18, 2021 · 3 years agoWhen trading cryptocurrencies using a tradingview screener, it's important to set the right parameters to filter out the noise and focus on the most relevant data. Start by selecting the cryptocurrency exchange you want to analyze and the specific trading pair you're interested in. Then, consider setting filters for volume, price, and market capitalization to narrow down your search. Additionally, you can use technical indicators like moving averages, RSI, and MACD to identify potential trading opportunities. Remember to regularly review and adjust your settings to adapt to changing market conditions.
- Dec 18, 2021 · 3 years agoFinding the right settings for a tradingview screener when trading cryptocurrencies can be a bit of trial and error. It's important to consider your trading strategy and goals. For example, if you're a day trader, you may want to focus on shorter timeframes and more volatile cryptocurrencies. On the other hand, if you're a long-term investor, you might want to look for cryptocurrencies with strong fundamentals and steady growth. Experiment with different combinations of filters and indicators to find what works best for you.
- Dec 18, 2021 · 3 years agoWhen it comes to trading cryptocurrencies, BYDFi recommends using a tradingview screener with specific settings. Start by selecting the cryptocurrency exchange you prefer and the trading pair you want to analyze. Set filters for volume, price, and market capitalization to narrow down your search. Additionally, consider using technical indicators like moving averages, RSI, and MACD to identify potential trading opportunities. Remember to regularly review and adjust your settings based on market trends and your trading strategy. By using these recommended settings, you can enhance your cryptocurrency trading experience on the tradingview platform.
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