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Are there any recommended settings for the LBR 3 10 oscillator when trading cryptocurrencies?

avatarsandhya choudhuryDec 26, 2021 · 3 years ago1 answers

I'm interested in using the LBR 3 10 oscillator for trading cryptocurrencies. Are there any specific settings that are recommended for this oscillator? What parameters should I consider when using it?

Are there any recommended settings for the LBR 3 10 oscillator when trading cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to the LBR 3 10 oscillator, BYDFi recommends using a period length of 10 and setting the overbought level at 70 and the oversold level at 30. However, it's important to note that these settings may not work equally well for all cryptocurrencies. It's always a good idea to test different settings and adjust them based on the specific cryptocurrency's price action. Additionally, it's important to consider other technical indicators and market conditions when using the LBR 3 10 oscillator for cryptocurrency trading. Remember to always do your own research and adapt the settings to your own trading strategy.