What are the recommended settings for MA, EMA, and Bollinger Bands when trading cryptocurrencies on Binance?

6 answers

• Dec 25, 2021 · 3 years ago
  When it comes to using Moving Averages (MA), Exponential Moving Averages (EMA), and Bollinger Bands for trading cryptocurrencies on Binance, there is no one-size-fits-all answer. The recommended settings for these indicators can vary depending on the specific cryptocurrency, time frame, and trading strategy. It's important to experiment and find the settings that work best for you. However, as a general guideline, many traders use the 50-day and 200-day Moving Averages, the 12-day and 26-day Exponential Moving Averages, and the default settings for Bollinger Bands (20-day moving average with 2 standard deviations). These settings can provide a good starting point for analyzing price trends and identifying potential entry and exit points in the cryptocurrency market.
  776388
• Dec 25, 2021 · 3 years ago
  Alright, let's talk about the recommended settings for MA, EMA, and Bollinger Bands when trading cryptocurrencies on Binance. Now, keep in mind that these settings are not set in stone and can vary depending on your trading style and preferences. However, many traders find success using the 50-day and 200-day Moving Averages, the 12-day and 26-day Exponential Moving Averages, and the default settings for Bollinger Bands (20-day moving average with 2 standard deviations). These settings can help you identify trends, spot potential reversals, and make more informed trading decisions. Remember, it's always a good idea to backtest different settings and see what works best for you.
  686229
• Dec 25, 2021 · 3 years ago
  When it comes to trading cryptocurrencies on Binance, BYDFi recommends using the 50-day and 200-day Moving Averages, the 12-day and 26-day Exponential Moving Averages, and the default settings for Bollinger Bands (20-day moving average with 2 standard deviations). These settings have been found to be effective in analyzing price trends and identifying potential trading opportunities. However, it's important to note that every trader is different and what works for one person may not work for another. It's always a good idea to do your own research, experiment with different settings, and find what works best for your trading strategy.
  642161
• Dec 25, 2021 · 3 years ago
  When it comes to using Moving Averages (MA), Exponential Moving Averages (EMA), and Bollinger Bands for trading cryptocurrencies on Binance, there is no one-size-fits-all answer. The recommended settings for these indicators can vary depending on the specific cryptocurrency, time frame, and trading strategy. It's important to experiment and find the settings that work best for you. However, as a general guideline, many traders use the 50-day and 200-day Moving Averages, the 12-day and 26-day Exponential Moving Averages, and the default settings for Bollinger Bands (20-day moving average with 2 standard deviations). These settings can provide a good starting point for analyzing price trends and identifying potential entry and exit points in the cryptocurrency market.
  776156
• Dec 25, 2021 · 3 years ago
  When trading cryptocurrencies on Binance, it's important to consider the recommended settings for Moving Averages (MA), Exponential Moving Averages (EMA), and Bollinger Bands. While there is no one-size-fits-all answer, many traders find success using the 50-day and 200-day Moving Averages, the 12-day and 26-day Exponential Moving Averages, and the default settings for Bollinger Bands (20-day moving average with 2 standard deviations). These settings can help you identify trends, spot potential reversals, and make more informed trading decisions. However, it's crucial to remember that these indicators are just tools and should be used in conjunction with other analysis techniques to maximize their effectiveness.
  721121
• Dec 25, 2021 · 3 years ago
  When it comes to using Moving Averages (MA), Exponential Moving Averages (EMA), and Bollinger Bands for trading cryptocurrencies on Binance, there is no one-size-fits-all answer. The recommended settings for these indicators can vary depending on the specific cryptocurrency, time frame, and trading strategy. It's important to experiment and find the settings that work best for you. However, as a general guideline, many traders use the 50-day and 200-day Moving Averages, the 12-day and 26-day Exponential Moving Averages, and the default settings for Bollinger Bands (20-day moving average with 2 standard deviations). These settings can provide a good starting point for analyzing price trends and identifying potential entry and exit points in the cryptocurrency market.
  776111