What are the best MA's to use?

I would like to know the best Moving Averages to use. Not only the type of MA (such as EMA, SMA, or WMA) but also what number MA is the best? (such as 100 day MA, 200 day, etc.) Also please include a time frame with your suggested MA (such as 1 hour chart, Daily chart, etc.).

I'm trying to find what are the most popular MA's so I can use the same ones. This is because if most others are using the same MA's, then wouldn't it make sense to use those same MA's?

Not sure how much help I'll be, I use them as purely support and resistance. I use the 50mma or 100ema and then one longer term like a 365ema. Although on long term charts (week, month) the 365 isn't to valuable, the 50mma is good on any time frame. I'm still playing with variations for a 3rd, but really haven't found a specific one I like more then the other

Hi QD!
Check out: Cornflower Hourly and 5 Min Intraday trading system threads!


FXS

Best Use
MA 10 and MA 20
When 10 crosses 20, sell sign
20 crosses 10, buy sig

Use 1 hour chart. It is good for forecasting.

Most of the time, if you have good funds in your account, use Daily Chart, it will give you a bigger scope of whats going to happen in few days time.
for that use MA 50 and MA100

Weekly / Monthly
I would use MA 150 and MA200

So it basically depends on what time frame you looking at.

In my opinion, the 30 SMA, the 50 SMA and the 100 SMA is the combination of MAs that best identify the overall market sentiment (aka trend) as long as they plot in the chart in a particular fashion. They are universal, meaning that they work on all time frames and currency pairs.

Have a look at the chart below.

For me, I really like the 5ema and 8ema cross. For a long time, I felt that MA strategies in general were garbage, but I have found a pretty good use for them now . 5 and 8 do a really good job of keeping you in during a moderate strength to full strength trend, while getting you in and out of a trade early enough to keep good enough R:R ratios, respectively.

EMA 0. SMA 0 and WMA 0.

lately i fond using MA that looks like rainbow, it is good for decoration.

when the rainbow contracting, big movement is posible

I use 3,5,8,13,21,34 for MACD, 55,62,89,100,150,200,365 for EMA, I know it is a lot of indicators, but just skim your chart with these, multiple views that end up balance view of charts is needed, until you know what you will do.

Pair and TF really play roles in determining rhythm, that's why we need to familiarize ourselves.

The more traders who use MA's, the better it is for those of us who don't. Especially, the more popular ones.

Meaning?

If you are using MA's, it depends on what TF you are looking at.

Consider this;
Q. What does a 10 SMA on a 1Hr chart tell you?
A. The Avg of "Almost" Half of the last 24 Hours.

Q. What does a 60 SMA on a 1Min chart tell you?
A. The Avg of the last 1 Hour.

Q. What does a 1440 SMA on a 1Min chart tell you?
A. The Avg of the last 24 Hours.

There ya go. "Cut the Blue Wire. ... but before you do... " {for the MASH fans} Make sure you understand the difference between SMA, WMA, EMA... They all have some serious logic behind their calcs but, do you understand them?

Go do the math for your faves,...

Then consider this...
Should an MA be Shifted Vertically at the Start of a New Session? Wormhole to calculate from the Open of.. say.. London, or.. New York, or.. ?

Thanks, guys, for posting about the MA's you use. I'm sorry for the late reply, but my day job and all the overtime I've been having lately, has left me little time for other things (such as replying to forum posts. lol.)

Also, thanks to FXSurfer for posting about the Cornflower Hourly and 5 min Intraday Trading system threads. I've checked them out and they both really look good! I'm currently focusing on backtesting the Cornflower Hourly System. I plan to (manually) backtest the last six months - from January 1st thru the end of of this month (June, of course). I've already backtested January and it looks like a winner so far. Backtesting is very time consuming and tedious, so it's going to take a while before I finish my backtesting before I make a final decision on whether the Cornflower Hourly system is the main system I will focus on.

Thanks again everyone. If anyone else has anymore opinions of MA's (or MA systems) to use, please continue to post here.

Also, check out my BLUE WAVES trading journal
for the template below. Answers the question:
Which are the best MA's to use?
Maybe... all of them.


FXS

P.S. Bemac's post is the real answer: understanding what you're
looking for/at.

I have another question regarding MA's. Which is the type of MA used most often by traders -- EMA, SMA, or WMA? Which do you see being used most often?