Check out this EMA strategy to boost your skills and increase profitsβΌοΈππ»
#EMAStrategyπ₯
The EMA Guide: Exponential Moving Average β
A Thread π§΅
1. What is EMA? 2. How to use #EMA? 3. Most Effective EMAβs for trading
πΉShort-term: 5, 10, 20
πΉMid-term: 20, 30, 50
πΉLong-term: 50, 100, 200 4. EMA vs SMA 5. How to trade EMA 6. Strength & Weakness 7. Summary
1οΈβ£ What is πππ?
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).