What are the most effective CCI indicator settings for spotting overbought or oversold conditions in the crypto market?

1 answers

• Eric CarrollJul 10, 2024 · a year ago
  At BYDFi, we've found that using a CCI period of 20 and levels of +200 and -200 works well for spotting overbought or oversold conditions in the crypto market. However, it's important to note that these settings may not work equally well for all cryptocurrencies or in all market conditions. It's always recommended to backtest different settings and consider other technical indicators to confirm the signals provided by the CCI indicator. Remember, trading cryptocurrencies involves risks, and it's essential to conduct your own research and analysis before making any investment decisions. BYDFi does not provide financial advice, and the information provided here is for educational purposes only.
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