Moving averages used in the trading industry

By xngo on April 22, 2019

You should use moving averages that are used by the trading industry. Most traders will buy or sell based on these moving averages. It will amplify buying or selling volume. It will be self fulfilling prophecy.

  • On daily chart, use 20 EMA, 50 EMA and 200 MA.
  • On intraday chart, use 10 EMA or 8 EMA.

About the author

Xuan Ngo is the founder of OpenWritings.net. He currently lives in Montreal, Canada. He loves to write about programming and open source subjects.