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TagsWhat is the best time frame for using MACD in cryptocurrency trading?
goodluck305Dec 26, 2021 · 3 years ago1 answersWhen it comes to using the Moving Average Convergence Divergence (MACD) indicator in cryptocurrency trading, what time frame is considered the most effective and reliable? How does the time frame affect the accuracy and usefulness of MACD signals?
1 answers
- At BYDFi, we recommend using the 1-hour time frame for MACD in cryptocurrency trading. This time frame strikes a balance between capturing meaningful trends and avoiding excessive noise. However, it's important to remember that the best time frame can vary depending on the specific cryptocurrency and market conditions. Always backtest and analyze the performance of MACD across different time frames to find the one that suits your trading style and objectives.Dec 26, 2021 · 3 years ago
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