I wonder if somebody ask himself why EMA 12, 26, 55 are used for trading systems

Here the answer .

EMA12 mean the trading activity over 12 minutes . That is approximatively 15 minutes. What mean that? it mean that in 1m, the

EMA12 (15) represent each candle bar of 15 min.

The same apply to EMA26 (wich is app. 30m ) and EMA55 (wich is app. 60m).

So in reality, you are viewing a bar of 15m, one of 30m and one of 60m.

Did you heard that Moving averages represent the sentiment of traders ?

More, the most important thing at Moving averages is the slope, no matter the type of Moving Averages. I am not here to

blame this system, just to make those who have "eyes to see and ears to hear" what is based on, the Moving Averages.

So , instead of using a cross of EMA12 with Ema26, one should wait for price to cross EMA55 and then a pullback

on it. Why ? We need the pullback at the EMA55 to confirm that the shift in sentiment of traders is changing.

If you don't understand then mabe the pictures below will make it clear.

Based on this understanding, you can now start develop your own trading system.

Of course there are others tricks to take in consideration but, without a strong foundation, every house will collapse at first flood. Hope you will find these informations usefull. (Read in the order of numbers)

Regards

Recommended to understand the market cycles :

Read about market cycles :

http://www.investopedia.com/articles.../04/050504.asp

https://www.benzinga.com/general/edu...-market-cycles

Bit Coin :

Forget about "Noise" in Market. That is the excuse of unskilled traders. Learn the market cycles,. everything is a swing, but everything.

Good luck.

Here the answer .

EMA12 mean the trading activity over 12 minutes . That is approximatively 15 minutes. What mean that? it mean that in 1m, the

EMA12 (15) represent each candle bar of 15 min.

The same apply to EMA26 (wich is app. 30m ) and EMA55 (wich is app. 60m).

So in reality, you are viewing a bar of 15m, one of 30m and one of 60m.

Did you heard that Moving averages represent the sentiment of traders ?

More, the most important thing at Moving averages is the slope, no matter the type of Moving Averages. I am not here to

blame this system, just to make those who have "eyes to see and ears to hear" what is based on, the Moving Averages.

So , instead of using a cross of EMA12 with Ema26, one should wait for price to cross EMA55 and then a pullback

on it. Why ? We need the pullback at the EMA55 to confirm that the shift in sentiment of traders is changing.

If you don't understand then mabe the pictures below will make it clear.

Based on this understanding, you can now start develop your own trading system.

Of course there are others tricks to take in consideration but, without a strong foundation, every house will collapse at first flood. Hope you will find these informations usefull. (Read in the order of numbers)

Regards

Recommended to understand the market cycles :

Read about market cycles :

http://www.investopedia.com/articles.../04/050504.asp

https://www.benzinga.com/general/edu...-market-cycles

Bit Coin :

Attached Image

Forget about "Noise" in Market. That is the excuse of unskilled traders. Learn the market cycles,. everything is a swing, but everything.

Good luck.

Money moves the market, not an indicator.