this 3 moving average will give signal to buy and sell if
1- 3 lines in sequence .
2- the candle is in the same direction and the pattern of candles is in the same direction .
so its uses candle patterns and the sequence of the moving average .
if used for intraday trading its recommended to use Anas ATR forecast with it
if signal came after the first target in...
using ATR as intraday target is proven to be logical , but the price is not reaching full ATR every day , I noticed that in the low days is reach about 62% of ATR , and normal days it reach 100%
and high days it may reach 162 % , in extremes it may reach 240 % .
but daily ATR of 14 days will delay the variation of the indicator , so my approach the the...
moving average is the simplest tool to follow up price BTC still in persistence to be over 20 MVA line .
if it comes bellow it for 2 days in sequence and did not touche the moving average line so the uptrend will not be there any more .
so it may consolidate or down trend , depends on how long it remains fully down there .
the more it stay down the more the...