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What are some popular strategies for combining the hull moving average with other indicators in cryptocurrency trading?

avatarShibin SamDec 26, 2021 · 3 years ago1 answers

Can you provide some popular strategies for combining the hull moving average with other indicators in cryptocurrency trading? I'm interested in learning how to effectively use the hull moving average in combination with other indicators to make better trading decisions.

What are some popular strategies for combining the hull moving average with other indicators in cryptocurrency trading?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a unique strategy for combining the hull moving average with other indicators. They recommend using the hull moving average in combination with the Bollinger Bands indicator. The hull moving average can be used to identify the overall trend, while the Bollinger Bands can provide information about volatility and potential price reversals. For example, if the hull moving average is trending upwards and the price is approaching the upper Bollinger Band, it may indicate an overbought condition and a potential reversal. Conversely, if the hull moving average is trending downwards and the price is approaching the lower Bollinger Band, it may indicate an oversold condition and a potential reversal. This strategy can help traders identify potential entry or exit points based on volatility and price action.