Simple Moving Average (SMA) is one of the most popular moving average tools used for technical analysis. Using a single high school has its drawbacks. The main disadvantage is the delay that results from the fact that the SMA does not take many price points before when calculating the average. Using the 2 SMA indicator on the same chart on the other hand can give you an excellent trading entry point.
This guide will teach you how to use SMAXNUMX and SMAXNUMX to trade long XNUMX minutes positions on the IQ Option Platform.
Prepares SMA4 and SMA30 at IQ Option
When you have entered your IQ Option trading account, prepare a XNUMX Japanese candle stick chart minutes. Next, click on the indicator feature and select Moving Averages. In the MA window, select SMA for type and XNUMX for point. Change the color of the SMAXNUMX line to blue.
Remember to click Apply when you set the SMA indicator. Then, your Japanese candle stick chart should have a 1 minute candle.
Trading uses the pair of high school indicators on IQ Option
After you set the SMA indicator, your chart will look like the one below.
Enter the XNUMX buy trade minutes when:
The SMA4 (blue) line intersects SMA30 (red) from below and starts moving above it. Enter a buy position 5 minutes immediately after SMA4 touches the first bullish (green) candle.
Enter XNUMX sell trades minutes when:
The SMA4 line intersects SMA30 from above and starts moving below it. Enter a 5 minute sell position when SMA 30 touches the first bearish (orange) candle.
This trading strategy works very well when the market is trending. In the case of high volatility such as after news releases, this strategy is very effective.
Now that you have learned how to use SMAXNUMX and SMAXNUMX to trade XNUMX positions minutes, try them on your IQ Option training account today. We want to hear the results in the comments section below.
GET FREE ACCURATED SIGNAL TRADING
This guide will teach you how to use SMAXNUMX and SMAXNUMX to trade long XNUMX minutes positions on the IQ Option Platform.
Prepares SMA4 and SMA30 at IQ Option
When you have entered your IQ Option trading account, prepare a XNUMX Japanese candle stick chart minutes. Next, click on the indicator feature and select Moving Averages. In the MA window, select SMA for type and XNUMX for point. Change the color of the SMAXNUMX line to blue.
Remember to click Apply when you set the SMA indicator. Then, your Japanese candle stick chart should have a 1 minute candle.
Trading uses the pair of high school indicators on IQ Option
After you set the SMA indicator, your chart will look like the one below.
Enter the XNUMX buy trade minutes when:
The SMA4 (blue) line intersects SMA30 (red) from below and starts moving above it. Enter a buy position 5 minutes immediately after SMA4 touches the first bullish (green) candle.
Enter XNUMX sell trades minutes when:
The SMA4 line intersects SMA30 from above and starts moving below it. Enter a 5 minute sell position when SMA 30 touches the first bearish (orange) candle.
This trading strategy works very well when the market is trending. In the case of high volatility such as after news releases, this strategy is very effective.
Now that you have learned how to use SMAXNUMX and SMAXNUMX to trade XNUMX positions minutes, try them on your IQ Option training account today. We want to hear the results in the comments section below.
GET FREE ACCURATED SIGNAL TRADING
Good luck!
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