Best Moving Average for 5Min Chart? | Forex Factory

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Best Moving Average for 5Min Chart?

  • #1
  • First Post: Oct 15, 2008 7:50am Oct 15, 2008 7:50am
What is the best moving average (EMA or SMA) for 5 min chart?
Yacob I dive the market without Fear.
  • #2
  • Oct 15, 2008 8:24am Oct 15, 2008 8:24am
How would you define the best?
The one that will lead you to your pot of gold in no time?
  • #3
  • May 21, 2011 2:57pm May 21, 2011 2:57pm
try the HMA. Hull moving ave.
  • #4
  • May 24, 2011 8:14am May 24, 2011 8:14am
the best one is the one u are comfortable using.
comfortable, meaning it's in tune with your trading personality/style.
  • #5
  • May 24, 2011 2:47pm May 24, 2011 2:47pm
Hello there Yacob,,Its hard to say whats the best,what might work for me wont work for you(are eyes and minds might see something all together diffirent)..I use many moving averages.

3 ema
5 ema
13 ema

I tend to stick with these numbers but I experment alot,dont be afraid to try all kinds of numbers, also your going to want to throw some Bollinger Bands on there .........
  • #6
  • Last Post: May 24, 2011 6:07pm May 24, 2011 6:07pm
moving average is exactly that

the average price over a certain period of time.

what price do you want to measure, the daily average? hourly average?
AVT INVENIAM VIAM AVT FACIAM
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