What are the recommended parameters for using the parabolic SAR in the cryptocurrency market?

3 answers

• Nov 27, 2021 · 3 years ago
  The recommended parameters for using the parabolic SAR indicator in the cryptocurrency market can vary depending on the specific cryptocurrency and market conditions. However, a commonly used setting is an acceleration factor of 0.02 and a maximum value of 0.2. These parameters provide a balance between sensitivity and reliability. It's important to note that different cryptocurrencies may require different parameter values due to their unique price volatility. It's recommended to backtest different parameter combinations to find the optimal settings for each cryptocurrency.
  581291
• Nov 27, 2021 · 3 years ago
  When it comes to using the parabolic SAR indicator in the cryptocurrency market, there is no one-size-fits-all answer. The recommended parameters can vary depending on the specific cryptocurrency and market conditions. It's important to consider factors such as the volatility of the cryptocurrency, the time frame you are trading on, and your risk tolerance. Experimenting with different parameter values and backtesting your strategies can help you find the optimal settings for your trading style and goals.
  510170
• Nov 27, 2021 · 3 years ago
  At BYDFi, we recommend using a parabolic SAR indicator with an acceleration factor of 0.02 and a maximum value of 0.2 in the cryptocurrency market. These parameters have been found to work well for many cryptocurrencies and provide reliable signals. However, it's important to note that market conditions can vary, and it's always a good idea to adapt your strategy based on the specific cryptocurrency you are trading. Remember to backtest different parameter values and analyze the results to find the best settings for your trading strategy.
  544136