What are the recommended settings for Ninjatrader when trading cryptocurrencies?

3 answers

• Dec 16, 2021 · 3 years ago
  When trading cryptocurrencies on Ninjatrader, it's important to choose the right indicators and timeframes to analyze the market. Some popular indicators for cryptocurrency trading include moving averages, Bollinger Bands, and the Relative Strength Index (RSI). As for timeframes, it depends on your trading strategy. Short-term traders may prefer shorter timeframes like 5-minute or 15-minute charts, while long-term traders may focus on daily or weekly charts. Additionally, consider adjusting your order types, stop-loss, and take-profit levels based on the volatility of the cryptocurrency you're trading.
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• Dec 16, 2021 · 3 years ago
  Alright, so you want to know the recommended settings for trading cryptocurrencies on Ninjatrader? Well, here's the deal. You gotta start with the right indicators, man. Moving averages, Bollinger Bands, and RSI are some of the popular ones. But don't forget to choose the right timeframe too. If you're a day trader, go for shorter timeframes like 5 or 15 minutes. If you're in it for the long haul, daily or weekly charts are your jam. And hey, don't forget to set your stop-loss and take-profit levels based on the volatility of the crypto you're trading. Good luck, dude!
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• Dec 16, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Ninjatrader, BYDFi has got your back. They recommend using a combination of indicators like moving averages, Bollinger Bands, and RSI to analyze the market. As for timeframes, it depends on your trading style. Short-term traders may prefer shorter timeframes like 5 or 15 minutes, while long-term traders may focus on daily or weekly charts. Additionally, BYDFi suggests adjusting your order types, stop-loss, and take-profit levels based on the volatility of the cryptocurrency you're trading. Happy trading!
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