Traders can hedge their risks by trading in multiple time periods because each time period provides a different level of information about market conditions. The shorter time periods, such as 15 minutes and 1 hour, are more sensitive to market noise and short-term fluctuations, whereas the longer time periods, such […]
Every bot in CryptoHero will require a parameter called Trading Frequency. It ranges from 5 minute to 1 day. What exactly is a Trading Frequency? In essence, it is the time period for a single candlestick to form and complete. Four 15-minute candlesticks will make up one 1-hour candlestick. A […]
Using CryptoHero Strategy Designer to trade “L” chart pattern\
CryptoHero offers traders the ability to enter positions in periods of sustained selling through the new Average RSI or Stochastic RSI setting found in the latest version of CryptoHero. Before this new feature, a trader can only configure entry condition when an RSI level is hit in a single period. […]
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Although the RSI is commonly used, it is still a very powerful technical indicator.
Learn More About Trading Frequency to Be A Better Crypto Trader