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
Presenting a very simple strategy for investors and long term positional traders using 200 day SMA and MACD to achieved good returns by riding bull run and cut losses early.
Please share your feedback and suggestions. _/\_