MA acts as Support Resistance. Kinda Curvy SR
SMA vs EMA
SMA weights every candle the same.
EMA weights latest candle more than older candles.
EMA is more good than SMA
WHY EMA
SMA and SMA is more common so market manipulate this concept. we dont trade. EMA. RSI is helpful but not enough.
- EMA5: Running Trend
- Just to tell momentum candle is formed or not
- EMA50: Short Term Trend
- EMA200: Long Term
No strategy in EMA
No Trade Time
All MAs are close to eachother
Less likely strategy
