Is there a recommended average true range calculator for beginners in cryptocurrency trading?

3 answers

• Nov 25, 2021 · 3 years ago
  Sure, there are several ATR calculators available for beginners in cryptocurrency trading. One popular option is the ATR indicator provided by TradingView. It's a user-friendly platform that offers a wide range of technical analysis tools, including the ATR indicator. You can easily input the necessary parameters and analyze the ATR values to gauge the volatility of different cryptocurrencies. Another option is to use a trading bot that incorporates ATR calculations into its algorithm. These bots can automatically calculate and display ATR values for various cryptocurrencies, helping beginners make more informed trading decisions.
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• Nov 25, 2021 · 3 years ago
  Absolutely! If you're looking for a simple and beginner-friendly ATR calculator, you can try the ATR indicator available on popular cryptocurrency trading platforms like Binance or Coinbase. These platforms provide a comprehensive set of tools and indicators, including ATR, to help traders analyze price volatility. The ATR calculator on these platforms allows you to customize the time period and other parameters to suit your trading strategy. It's a great way for beginners to get started with ATR and understand its impact on cryptocurrency trading.
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• Nov 25, 2021 · 3 years ago
  Definitely! BYDFi, a leading cryptocurrency exchange, offers a recommended ATR calculator specifically designed for beginners in cryptocurrency trading. It provides a user-friendly interface and allows you to easily input the necessary parameters to calculate the average true range for different cryptocurrencies. BYDFi's ATR calculator also offers additional features such as customizable alerts and notifications based on ATR values. It's a great tool for beginners to analyze price volatility and make informed trading decisions. Give it a try and see how it can enhance your cryptocurrency trading experience!
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