The price breaks the Kumo and we have a clear down trend. Personally, If I want to use EMAs to identify supports or resistances I use Tenkan and Kijun of the Ichimoku Kinko Hyo. Many times EMAs can act as a support or a resistance.This is an example of 200 EMA acting as a support in a 5min chart.
If the next candle open below the two EMAs we have a sell signal.On the other hand we have a buy signal.(I mean if a bearish candle breaks up the 2 EMAs and the next candle open above the 2 EMAs.)įor bigger Tfs like 5 minutes I use 13, 26 EMAs. In this chart you can see that the big red candle in the rectangle breaks the 2 EMAs. This is s buy signal.On the other hand we have a sell signal. Look at the blue rectangle.We have a crossover and now the green EMA is above the red. I use these settings only in 1min chart and mainly in 60 secs trades. A green one with 4 periods and a red one with 8 periods. MAs are more focused on the past.So, how can you use the EMAs?
I could tell you which settings fit to my strategies.įirst of all I prefer EMAs because they are more focused on the present and I am a day trader. You should make your backtest, you should make your paper trades and see which settings fit better to your strategy. For the second part of the question, as I have said in some comments there is nothing standard about it.
200 ema settings how to#
Many of you have questions about how to use a moving average or an expontetial moving average or which setting are the right.For the first part of the question I have answers.
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