In this article, we will discuss a strategy that uses two Exponential Moving Averages (EMAs). Trading strategies with MAs are rather popular among traders because MAs are rather simple and efficient instruments of tech analysis.
Tag: moving averages
Intraday trading remains popular because of quick profits. If you don't have time to spend hours in front of the screen, you can use the Ruler strategy.
One of the most popular indicators (and, perhaps, the one that a trader first comes across starting their way on Forex) is the Moving Average (MA). The Moving Average belongs to the group of trend indicators and shows the average price of the chosen currency during a certain period of time.
The MACD is one of the most popular technical indicators. It is included into most trading platforms for financial and commodity markets. The indicator was created almost 40 years ago by Gerald Appel. It was first used in 1979. MACD is an abbreviation of the phrase Moving Average Convergence/Divergence.