Are there any specific settings or parameters for the Awesome Oscillator that work well for analyzing cryptocurrencies?

1 answers

• thebrand paletteSep 04, 2023 · 2 years ago
  At BYDFi, we have found that using the default settings for the Awesome Oscillator works well for analyzing cryptocurrencies. The 34-period SMA and 5-period SMA provide a good balance between responsiveness and reliability. However, it's important to remember that no single indicator can guarantee accurate predictions in the volatile cryptocurrency market. It's always a good idea to combine the Awesome Oscillator with other technical indicators and analysis methods to get a more complete picture of the market trends. Ultimately, the best settings or parameters for the Awesome Oscillator will depend on your trading style, risk tolerance, and the specific cryptocurrency you are analyzing.
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