After analyzing the use of the 20-period moving average (MA) in Forex, I discovered a trading strategy with a 56.7% win rate.
Among the technical indicators used in Forex analysis, the most popular ones are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA), which represent moving averages. The way people use them varies—some may use them to determine entry points, while others might only use them to confirm trends or momentum. Common settings include…