In terms of technical analysis, which EMAs would you guys recommend? I was told 15-50-200 is the best combo. Also, some people mentioned to use EMAs along with MAs.
What’s your take on it?
Sometimes too many technical‘s can over complicate things. However my favorite EMA’s are 10, 50, and 200. I also like to use Bollinger bands which some of those are similar to the EMA‘s. I also see myself using the 10 EMA and 200 EMA a lot more than 50.
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I see. As far as Bollinger Bands are concerned, I use them too sometimes to discover potential price swings. I also read somewhere that they give truer signals when a standard deviation of 3 is used, rather than the regular one, which is 2.