Moving Average is one of the key technical indicators for any technical analysis. Be it a Swing Trading, Intraday, Short or Medium term or Long term investment, the combination of moving average provide very valuable insight on the direction of the stock or a commodity.
It is important to find out a right combination of moving average for a profitable trade. For each type of a trade the moving average combination change.
Besides right combination, the investor/trader should use the moving average only with Average Directional Index or ADX technical indicator. The moving combination provides correct result only when the stock is trending i.e. ADX is increasing. I personally avoid MA combination when Average Directional Index is declining or the trend is declining.
If you liked this video, You can “Subscribe” to my YouTube Channel. The link is as follows
By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language.
For more such interesting and informative content, join me at: