Welcome everyone, I am new to the forex zone, now that I have entered it, it turns out that at f.z, there is someone who gives additional knowledge about ma200 and I really like it.
SMA200 is more accurate if we use Timeframe H4 and also D1. never use it at a small TF.
all returned to the comfort of each person in his trade
not just depend on the person, must be in accordance with the method of using the indicator, because it has a standard and must not be far from the provisions of the use of the SMA200 line.
the SMA200 indicator functions as a helper in determining the price prediction, usually when the price cross between SMA200 and the market is a signal to do OP.
sma200 also if it is not wrong it shows the way a trend is going, if the sma200 line is below the price it means bullish if it is above bearish.
exactly, in theory like that and if a trend from sma200 has been formed with a large timeframe like Tf D1, the prospect / signal is more accurate and better.
I will here share my experience of trading using SMA200 EMA21 and EMA100 all shift 1, here I explain the rule that I use in the three indicators:1. For Intraday always see DOP (Daily Open Price) we only see SMA200 in Timefrime H1, H4, D1. if the SMA200 is above the price of the third time above, then we look for long positions, and to sell the SMA200 Required under the DOP, to look for open positions we see in LowTimeFrime M1, M5, M15 looking for the lowest position to buy and the highest position to sell, this applies on that day too, it is not recommended to hold positions.2. Strategic Scalping we use EMA21 and EMA100, if at EMA21 LTF is broken and followed by EMA100 then we are allowed to open positions when prices return between EMA21 and EMA200, more valid we wait for Close Candle at SMA200, we still look for lows of SMA or EMA to buy, and the highest position to sell,Thank you
because now someone has told me, it should be immediately practiced to find a match with this method
it is the best step by testing it right away
the character and trading style of each person is different so they have to adjust
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