Best moving average strategy - Pro traders use
Today in this article we will discuss the best moving average strategy first of all we will discuss the moving average as the indicator in trading that helps us analyze the market trend, reversals, breakouts, and breakdowns. It is also used as a support and resistance. Moving averages is not only for crypto trading it is used in all trading many people need to learn how we use moving averages in trading. They simply use the moving average as when they cross up they sell it and when they cross down they buy it. This needs to be corrected. So I am discussing the best moving average strategy. This is a unique strategy that I am talking about with you.
.png "best moving average strategy (1)")
I am telling you why you use this strategy. My experience in trading is about 4 years and I have been using this moving average strategy in my whole trading life. The accuracy of this best moving average strategy is about 92 to 95 percent. But I suggest you please try it on a demo account and then use it on your main account.
The best moving average strategy depends upon the 50-period moving average. The 50 ema is the best for trading. This moving average is used for forex trading, crypto trading, spot trading, and stock trading. But mostly this strategy uses it for forex trading and crypto trading. The 50 period moving average is used for long-term trading but you use it also for short-term trading with some additional analysis.
Firstly go to the tools setting of trading view and search ema click one time on moving average. Now change moving average settings.
We only do trend trading by using the 50-period moving average. Trend trading is the type of trading strategy in which traders make trades that align with the market trend. We use the 50-period moving average as a trend identifier.
Best moving average strategy: On the 4-hour time frame, the price above the 50-period moving average is considered an uptrend and below the 50-period moving average is considered a downtrend.
We use the 50-period moving average with support and resistance. For more information, check out my article on support and resistance.
Conclusion:
The final result of this article is that the best moving average strategy I discussed above is based on the 50-period moving average. We use the 50-period moving average as support and resistance, and we make trades on market trends. If the market is uptrend, we make buy trades; if the market is in a downtrend, we make sell trades. We don't make trades opposite the market trend; otherwise, we lose our money.
