Trade the Trend with Moving Averages
It is advised to do backtesting on the instruments you want to trade. You can also play with the moving average as different instruments respect different moving averages, some would respect 50 while other may respect 20 or 100.
Avoid this model in a sideways market when the moving average is flat / wavy. Trade when the EMA is trend up or down at a reasonable slope, 30-45 degrees or higher.
Hope this post will add to your knowledge.
Regards
jjsingh
Avoid this model in a sideways market when the moving average is flat / wavy. Trade when the EMA is trend up or down at a reasonable slope, 30-45 degrees or higher.
Hope this post will add to your knowledge.
Regards
jjsingh
JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.