![]() ![]() The 9 EMA strategy is based on the 9 EMA indicator and helps traders make buy or sell decisions by averaging closing prices across 9-time frames. Tip: this approach is easy and efficient but not foolproof, as any other tool or strategy in trading. This resulting figure then indicates what may come next concerning trends or other directional changes in the given asset’s price. The calculation of this measure involves multiplying the most recent closing price by two, adding it to the previous eight days’ closing prices, and then dividing that sum by nine. Shortly, by comparing EMAs to historical prices, traders can more accurately identify entry and exit points that could result in profitable trades. This tool is based on past prices and accurately represents current momentum and trends. The EMA, or Exponential Moving Average, is a technical tool used by traders to assess the behavior of the market.
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