How can I use impulse and MACD indicators to analyze cryptocurrencies on Thinkorswim?

1 answers

• Mar 25, 2022 · 3 years ago
  Certainly! Utilizing impulse and MACD indicators on Thinkorswim for cryptocurrency analysis can be highly beneficial. Here's a simple guide to get you started: 1. Open Thinkorswim and navigate to the Charts tab. 2. Select the desired cryptocurrency from the dropdown menu. 3. Click on Studies > Add Study > All Studies. 4. Search for 'impulse' in the search bar and add the Impulse study. 5. Customize the settings of the impulse indicator as per your preference. 6. Repeat steps 4 and 5 for the MACD indicator. 7. Once both indicators are added, you can analyze their signals to identify potential trading opportunities. Remember, the impulse indicator helps spot trend changes, while the MACD indicator provides insights into trend strength and momentum. By using these indicators on Thinkorswim, you can enhance your cryptocurrency analysis and make more informed trading decisions. Best of luck!
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