If you are a scalper or a day trader who wants to capture the short-term fluctuations of each cryptocurrency pair using the 15-minute timeframe;
- You can use a 20-period simple moving average (SMA) to identify the overall trend direction
- You can use a 10-period exponential moving average (EMA) to identify the short-term trend direction
- You can use trend lines and horizontal lines to identify the potential support and resistance levels
- You can use the stochastic oscillator with a 14, 3, 3 setting and a 20-level and 80-level threshold to identify the overbought and oversold conditions
- You can use the ADX with a 14-period setting and a 25-level threshold to identify the strength and direction of the price movements
- You can use the ATR with a 14-period setting to identify the volatility and risk of each cryptocurrency pair
- You can use the OBV to identify the volume and pressure of each cryptocurrency pair
- You can use the pivot based trailing maxima & minima with a 6-length setting and back-paint to find the pivot high and pivot low.
Comment:
You can use the pivot based trailing maxima & minima with a 34-length setting and back=paint to find the pivot high and pivot low for a longer window.
Avange-Lina