Are there any specific settings or parameters to consider when using the volume oscillator indicator for cryptocurrency trading on TradingView?

5 answers

• Dec 16, 2021 · 3 years ago
  Absolutely! When using the volume oscillator indicator on TradingView for cryptocurrency trading, there are a few settings and parameters that you should pay attention to. Firstly, you need to select the period for the oscillator, which determines the number of periods used to calculate the indicator. The default period is usually 14, but you can adjust it based on your trading strategy and time frame. Additionally, you can set the overbought and oversold levels for the oscillator. These levels indicate when the market is potentially overbought or oversold. The default values are typically set at 70 and 30 respectively, but you can modify them according to your preferences. It's important to note that different cryptocurrencies may require different settings and parameters, so it's always a good idea to backtest and experiment with different values to find what works best for your trading style.
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• Dec 16, 2021 · 3 years ago
  Oh, definitely! When you're using the volume oscillator indicator on TradingView for cryptocurrency trading, there are some specific settings and parameters that you should keep in mind. One important setting is the period, which determines the number of periods used to calculate the indicator. The default period is usually 14, but you can adjust it based on your trading preferences. Another parameter to consider is the overbought and oversold levels. These levels indicate when the market may be overbought or oversold. The default values are typically set at 70 and 30 respectively, but you can customize them to fit your trading strategy. Remember, different cryptocurrencies may behave differently, so it's always a good idea to experiment with different settings and parameters to find what works best for you.
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• Dec 16, 2021 · 3 years ago
  Yes, there are specific settings and parameters to consider when using the volume oscillator indicator for cryptocurrency trading on TradingView. The period setting determines the number of periods used to calculate the indicator. The default value is usually 14, but you can adjust it based on your trading style and time frame. Additionally, you can set the overbought and oversold levels to identify potential market reversals. The default values for these levels are typically 70 and 30 respectively, but you can modify them to suit your preferences. It's worth mentioning that BYDFi, a popular cryptocurrency exchange, provides a comprehensive guide on using TradingView indicators, including the volume oscillator. You can refer to their guide for more detailed information on specific settings and parameters.
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• Dec 16, 2021 · 3 years ago
  Sure thing! When it comes to using the volume oscillator indicator for cryptocurrency trading on TradingView, there are indeed some specific settings and parameters that you should take into account. The period setting determines the number of periods used to calculate the indicator, with the default value usually set at 14. However, you can adjust this value based on your trading strategy and time frame. Additionally, you can set the overbought and oversold levels to identify potential market reversals. The default values for these levels are typically 70 and 30 respectively, but feel free to customize them to fit your trading preferences. It's important to note that different cryptocurrencies may require different settings and parameters, so it's always a good idea to experiment and find what works best for you.
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• Dec 16, 2021 · 3 years ago
  When using the volume oscillator indicator for cryptocurrency trading on TradingView, it's important to consider specific settings and parameters. The period setting determines the number of periods used to calculate the indicator. The default value is usually 14, but you can adjust it based on your trading strategy and time frame. Additionally, you can set the overbought and oversold levels to identify potential market reversals. The default values for these levels are typically 70 and 30 respectively, but you can customize them to suit your preferences. It's worth noting that different cryptocurrencies may have different characteristics, so it's always a good idea to experiment with different settings and parameters to find what works best for your trading style.
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