What are the most popular supertrend tradingview settings used by cryptocurrency traders?

3 answers

• Dec 17, 2021 · 3 years ago
  Sure! One of the most popular supertrend settings used by cryptocurrency traders is a period of 10 with a multiplier of 3. This setting helps to capture short-term trends and provides traders with timely buy and sell signals. However, it's important to note that the optimal settings may vary depending on the specific cryptocurrency and market conditions. It's always recommended to backtest different settings and adjust them based on your trading strategy and risk tolerance.
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• Dec 17, 2021 · 3 years ago
  As a cryptocurrency trader, I've found that using a supertrend period of 14 with a multiplier of 2 works well for me. This setting allows me to capture both short-term and medium-term trends, which is important in the volatile cryptocurrency market. However, it's important to remember that there is no one-size-fits-all solution when it comes to tradingview settings. It's crucial to experiment with different settings and find what works best for your trading style and preferences.
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• Dec 17, 2021 · 3 years ago
  Based on my experience at BYDFi, a popular supertrend setting used by cryptocurrency traders is a period of 20 with a multiplier of 2.5. This setting helps to filter out noise and provides traders with more reliable trend signals. However, it's important to note that the effectiveness of supertrend settings can vary depending on the specific cryptocurrency and market conditions. It's always recommended to combine supertrend with other technical indicators and conduct thorough analysis before making trading decisions.
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