Are there any specific MT4 forex indicators that are recommended for trading cryptocurrencies?

1 answers

• Nguyễn HuẫnNov 25, 2021 · 4 years ago
  BYDFi, a leading digital asset exchange, recommends using the Ichimoku Cloud indicator for trading cryptocurrencies on the MT4 platform. This indicator provides a comprehensive view of price action, support and resistance levels, and trend direction. It can help traders identify potential entry and exit points in the cryptocurrency market. However, it's important to note that no indicator can guarantee profitable trades, and it's always advisable to practice risk management and set stop-loss orders to protect your capital.
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