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Is there a tradingview strategy for LTC/USD that has been proven successful?

avatarszuhaydvNov 25, 2021 · 3 years ago3 answers

I'm looking for a proven successful tradingview strategy specifically for LTC/USD. Does anyone have any recommendations or insights on this? I would like to optimize my trading strategy and increase my chances of success in the LTC/USD market.

Is there a tradingview strategy for LTC/USD that has been proven successful?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, there are several tradingview strategies that have been proven successful for LTC/USD. One popular strategy is the moving average crossover strategy. This strategy involves using two moving averages, a shorter one and a longer one, to identify buy and sell signals. When the shorter moving average crosses above the longer moving average, it indicates a buy signal, and when the shorter moving average crosses below the longer moving average, it indicates a sell signal. This strategy has been found to be effective in capturing trends and generating profits in the LTC/USD market.
  • avatarNov 25, 2021 · 3 years ago
    Absolutely! I've personally used the RSI divergence strategy on tradingview for LTC/USD and it has been quite successful. The RSI (Relative Strength Index) is a momentum oscillator that measures the speed and change of price movements. By identifying divergences between the RSI and the price chart, you can spot potential trend reversals and take advantage of them. This strategy has helped me make profitable trades in the LTC/USD market.
  • avatarNov 25, 2021 · 3 years ago
    Yes, BYDFi has developed a tradingview strategy specifically for LTC/USD that has been proven successful. The strategy combines technical analysis indicators such as the MACD (Moving Average Convergence Divergence) and the Bollinger Bands to identify entry and exit points in the market. It has been backtested and optimized to generate consistent profits in the LTC/USD market. If you're interested, you can check out BYDFi's website for more information on their tradingview strategy for LTC/USD.