moving average is the best tool for know the trend but in intraday every method and formula is not 100% accurate so every trade depend on our planing and strategy . i commonly use 3 moving average
9 ema
21 ema
35 ema
when all moving average crossover each other than u can take your position
your stop loss will be 35 ema .
but condition is that u will work only when 9ema and 21 ema will go upward on 35 ema . its same in downtrend . before start trading u should check your chart and backtest if u enjoy this than trade otherwise not bcoz i dont want that anybody loss his money bcoz of me . so cheers my freindssssss
9 ema
21 ema
35 ema
when all moving average crossover each other than u can take your position
your stop loss will be 35 ema .
but condition is that u will work only when 9ema and 21 ema will go upward on 35 ema . its same in downtrend . before start trading u should check your chart and backtest if u enjoy this than trade otherwise not bcoz i dont want that anybody loss his money bcoz of me . so cheers my freindssssss