How to use Moving Averages?

Question about the revalance of MA's. What are the best values to help determine which way the trend is moving?

I use

(8) MA - Exponential

(21) MA - Exponential

(55) MA - Exponential

(89) MA - Exponential

I trade primarily the 1H charts, any thoughs or advice on what the ideal MA setup would be in relation to the Period used? :nerd:

my advice: learn what a moving average is

the average of a price over a period of time.

1 hr charts is what you use right?

a 12 sma is the average of 12hrs or 12 candles.

that is all it is.

however the market doesnt work like that, every new tick brings in new information. because the trend is up doesnt mean it will continue.

adapt to new information, but old information give you an idea of what price HAS BEEN doing.

we analyse past performance attempting to profit of a continuation of price behaviour, but there is absolutely no guarantee that infact it will continue.

so you should have a strategy to adapt to new changes, minimize risk, and if right maximize profit.



24 sma is average of a day

exponential, weighted, really is no better than simple, its not dinamic s/r because s/r doesnt exist.

trading is complex, one never ceases to learn.

from all your moving averages, i wouldn't really use any in my charts

if at all maybe a 12 sma or a 24 sma on hourly chart (half a trading day or a full trading day averaged price, to see what price HAS BEEN DOING for that time)

ema, wma, or any other combination looks good and might give you security but does nothing to for you.

there are no ideal ma setups.

Thank you so much that explains a lot, looks like eveyone has their own "Style" when it comes to trading, I am just trying to develop as system that can at least help a little bit while I am trading. So I figured i would start with MAs, to try and find a sensible chart MA set up!

But from what Custos said they mean nothing