A 50-day moving average (50 DMA) is a technical indicator that shows the average closing price of a security over the last 50 days. It's a popular indicator because it's realistic and effective at showing historical price movement trends. Concept of 50 Moving Average 1. Entry - Candle crossover 50 MA: This refers to a situation where the closing price of a...
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Moving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions. use this indicator along with Price action theory and not alone. Moving average crossovers are a popular strategy for both entries and exits. MAs can also highlight areas of potential support or resistance