Trading is one of the best professions in an online earning ways where you will earn a good income if you know good about trading.
The first thing which I always emphasize to my friends and other people that learning is very much before you start trading because if you don't know about the basics you will keep on losing your money.
Also those who spend a good time in this field or have learned a lot is now earning a good passive income and a decent money on the monthly basis.
In this post I will try to give a touch about an indicator which will help you guys with your trading.
The name of the indicator is EMA14.
You will find this indicator in any exchange or in any trading applications. The process is very simple.You have to select the EMA 14.
If you don't have this setup, you will go into setting and will set the EMA to the number 14.
This will give you more accurate signals for the long and short positions.
What you have to watch for this in this indicator during the trade is that you will check the candles either they are at the top of the EMA line or below this line.
If you find that any big candle crossing the EMA line either upside or downside, you will take an immediate position for your trading.
Let's suppose any long candle is crossing EMA line towards upside then you will suggest that this candle is extremely bullish and the coming move will be bullish.
You will take towards long side and in case if you will see that the candle is crossing towards downside.
This will give you a short signal and you can take a good short trade.
This is very simple method to earn a good income from trading.
Also one thing to keep in mind that EMA indicator is always set for the longest time frame.
You need to set your time frame for 4H or 1D, which will give you more accurate results.
What do you people think about EMA trading indicator? Do you agree with my thoughts? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.