Disliked{quote} Hi Aussie, In some charts, i see that you use only 1 MA. In other charts, you are using few MA's. Do you need more that EMA 50?Ignored
I trade higher TF mostly Daily and the MA's I plotted on my charts act as a trampoline for PA. Price comes back to them, consolidate a little and goes back into the direction of overall trend...Price rejection from these MA's are taken as trades with confirmation from TDI.
No, you don't need all these MA's. Just do your own backtesting and forwardtesting and stick to the ones that simplifies the PA.
Kindest regards