Check out this EMA strategy to boost your skills and increase profitsโผ๏ธ๐๐ป
#EMAStrategy๐ฅ
The EMA Guide: Exponential Moving Average โ
A Thread ๐งต
1. What is EMA? 2. How to use #EMA? 3. Most Effective EMAโs for trading
๐นShort-term: 5, 10, 20
๐นMid-term: 20, 30, 50
๐นLong-term: 50, 100, 200 4. EMA vs SMA 5. How to trade EMA 6. Strength & Weakness 7. Summary
1๏ธโฃ What is ๐๐๐?
EMA stands for Exponential Moving Average. It is a popular technical indicator used in trading. EMA is a type of moving average that gives more weight to recent price data, making it more responsive to price changes compared to a simple moving average (SMA).