Are there any recommended settings for TTM scalper alert when trading cryptocurrencies?

3 answers

• Nov 28, 2021 · 3 years ago
  When using the TTM scalper alert for trading cryptocurrencies, it is recommended to set the alert frequency to a level that suits your trading strategy. Some traders prefer more frequent alerts to capture short-term price movements, while others may opt for less frequent alerts to avoid noise. Additionally, adjusting the sensitivity of the alert can help filter out false signals and improve accuracy. Experiment with different settings and find what works best for your trading style.
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• Nov 28, 2021 · 3 years ago
  The recommended settings for the TTM scalper alert when trading cryptocurrencies may vary depending on the specific coin or token you are trading. It is important to consider factors such as volatility, liquidity, and trading volume of the cryptocurrency in question. Additionally, it is advisable to backtest different settings and analyze historical data to determine the optimal parameters for the TTM scalper alert. Keep in mind that what works for one cryptocurrency may not work for another, so it is crucial to adapt the settings based on the specific market conditions.
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• Nov 28, 2021 · 3 years ago
  At BYDFi, we have found that setting the TTM scalper alert with a slightly higher sensitivity can be beneficial when trading cryptocurrencies. This allows for capturing potential price movements early on and taking advantage of short-term trading opportunities. However, it is important to note that the optimal settings may vary for different traders and trading strategies. It is recommended to thoroughly test and analyze the performance of the TTM scalper alert with different settings to find what works best for your individual trading style and preferences.
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