What are the best MACD settings for a 15-minute chart in the cryptocurrency market?

3 answers

• Dec 15, 2021 · 3 years ago
  The best MACD settings for a 15-minute chart in the cryptocurrency market would typically be 12, 26, and 9. These settings are commonly used and provide a good balance between responsiveness and reliability. However, it's important to note that MACD settings can vary depending on the specific cryptocurrency and market conditions. It's always a good idea to experiment with different settings and see what works best for your trading strategy.
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• Dec 15, 2021 · 3 years ago
  When it comes to MACD settings for a 15-minute chart in the cryptocurrency market, there is no one-size-fits-all answer. It ultimately depends on your trading style and the specific cryptocurrency you're analyzing. Some traders prefer shorter settings like 5, 13, and 5 for faster signals, while others opt for longer settings like 21, 55, and 9 for smoother trends. It's important to backtest different settings and find what aligns with your trading goals and risk tolerance.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends using MACD settings of 12, 26, and 9 for a 15-minute chart in the cryptocurrency market. These settings have been found to be effective in identifying short-term trends and potential entry or exit points. However, it's important to note that MACD is just one tool among many, and it's always recommended to combine it with other indicators and perform thorough analysis before making trading decisions.
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