What are the best settings to use for the tradingview session indicator when analyzing cryptocurrency charts?
Alberto AvilaDec 26, 2021 · 3 years ago3 answers
When analyzing cryptocurrency charts using the tradingview session indicator, what are the recommended settings that provide the most accurate and useful information?
3 answers
- Dec 26, 2021 · 3 years agoThe best settings to use for the tradingview session indicator when analyzing cryptocurrency charts depend on your specific trading strategy and goals. However, a common approach is to set the session indicator to display the major trading sessions, such as the Asian, European, and North American sessions. This can help you identify key trading times and potential market trends during different parts of the day. Additionally, adjusting the session indicator's color scheme and line thickness can improve visibility and make it easier to interpret the data. Experiment with different settings and observe how they align with your trading style and objectives.
- Dec 26, 2021 · 3 years agoWhen it comes to the tradingview session indicator for analyzing cryptocurrency charts, there is no one-size-fits-all setting that works for everyone. It's important to consider your own trading preferences and goals. Some traders may find it helpful to focus on specific sessions, such as the Asian session for trading Asian cryptocurrencies or the North American session for trading major cryptocurrencies like Bitcoin. Others may prefer a broader view and include all sessions. Ultimately, the best settings will depend on your individual trading strategy and the specific cryptocurrencies you are analyzing.
- Dec 26, 2021 · 3 years agoWhen analyzing cryptocurrency charts using the tradingview session indicator, it's important to find the settings that work best for you. While there are no universally recommended settings, you can start by considering the major trading sessions and their corresponding time zones. For example, if you're primarily interested in trading during the Asian session, you can set the session indicator to display only that session. On the other hand, if you want a broader view of the market, you can include multiple sessions. Additionally, adjusting the indicator's color scheme and line thickness can help improve visibility and make it easier to identify session boundaries. Remember to experiment with different settings and find what works best for your trading style and goals.
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