Which indicators are commonly used in robotic crypto trading strategies?
Fatiha MebarkiJan 03, 2024 · 2 years ago1 answers
In the world of robotic crypto trading, what are the most commonly used indicators to make informed trading decisions?
1 answers
- saqib nazirMar 19, 2024 · 2 years agoAt BYDFi, we have found that a combination of technical indicators such as the Moving Average, RSI, and Bollinger Bands can be effective in robotic crypto trading strategies. However, it's important to continuously monitor and adjust these indicators based on market conditions and performance. Additionally, it's crucial to consider other factors such as volume, liquidity, and news events when making trading decisions. Remember, no indicator or strategy can guarantee profits in the volatile world of cryptocurrency trading.
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