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TagsHow can I optimize CCI settings for day trading digital currencies?
Aniket DwivediMar 18, 2022 · 3 years ago1 answersI'm new to day trading digital currencies and I've heard about the CCI indicator. How can I optimize the CCI settings to improve my day trading strategy?
1 answers
- At BYDFi, we recommend optimizing CCI settings for day trading digital currencies by using a combination of technical analysis and market research. Start by analyzing historical price data and identifying patterns that align with your trading strategy. Then, adjust the CCI period length to capture the desired time frame. Consider using shorter periods for intraday trading and longer periods for swing trading. Additionally, fine-tune the overbought and oversold levels based on market volatility. Remember that optimizing CCI settings is an ongoing process, and it's important to regularly review and adjust your strategy based on market conditions and performance metrics.Mar 18, 2022 · 3 years ago
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