Vladimir Ribakov recommends 9- and 20-period exponential moving averages for day traders on 5- and 15-minute charts to catch quick trend shifts. The 50-period simple moving average acts as dynamic support, while the 200-period SMA confirms larger trends. He shows a GBP/AUD example where price retests a downward-crossing moving average and continues lower.
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What are the best moving averages for day trading? As you can imagine, choosing the right moving averages for day trading can give you the absolute edge on capturing quick, strong, volatile, paying, and profitable moves. Day trading traders usually rely on short term time frames: 5 minutes, 15 minutes, sometimes even 1-hour chart. So, the fast moving averages, the shorter moving averages would be ideal for shorter trends. For example, 9 and 20 or 10 and 20 EMA, exponential moving average. It's very responsive to price changes and great for spotting shorter-term trends and shorter-term possibilities, probabilities for moves. The 50 SMA, simple moving average, is a more reliable midterm indication for midterm trends. It will scan and show you more reliable or a bit more midterm, a bit longer term than the 10 and the 9 moving average and 20 moving average And will behave as a dynamic support and resistance. Like in this example on the pound Aussie, you can see that after the moving average crossed to the downside, every time the market is reaching to retest the moving average, the price continues down with the main trend. And the last one, the 200 SMA, simple moving average, a key level even for day traders. Long-term traders also rely on this one. It's often mark strong, bigger ongoing trends and therefore reliable trend conditions or market directions and of course following accordingly the support, dynamic market support and dynamic resistance. So remember 9, 20, 50, 200, sometimes even 100 could be used for day trading These are the often used moving averages for reliable opportunities. The shorter ones for faster reactions and faster trends. The bigger one is to verify that there is a trend you are looking to join. For more trading education, full courses, and real-time trading opportunities, join our family, the Home Trader Club. Link in the bio.