MA lines are very widely used technical indicator. All most every trader uses it. Some use it for trend long term trend & some use it to get short term trends. Now the point is which MA lines to use & what should be the length/period for the MA lines?
After a lot research I have seen that Simple & long length/period like 50, 100, 161 or 200 MA line is very good for long term trend identification. While exponential short length/period, like 3&5, 5&9, 9&17 or 11& 20 is very good to get entry or exit point or trend reversal signal.
After a lot research I have seen that Simple & long length/period like 50, 100, 161 or 200 MA line is very good for long term trend identification. While exponential short length/period, like 3&5, 5&9, 9&17 or 11& 20 is very good to get entry or exit point or trend reversal signal.
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