How To Use MA Clouds by Ripster To Improve Your Trading
Автор: TrendSpider
Загружено: 2021-06-17
Просмотров: 51968
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Interested in learning about the MA clouds by Ripster? In this video TrendSpider's Jake Wujastyk walks us through the indicator, how to set it up, and some tips on how to use it in your analysis or scans.
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What is a Moving Average?
A moving average is a widely used technical indicator that smooths out price trends by filtering out the “noise” from random short-term price fluctuations. The most common applications of moving averages are to identify trend direction and to determine support and resistance levels.
What is MA Clouds By Ripster?
EMA Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various combinations of the 5-12, 34-50, 8-9, 20-21 EMA clouds but the possibilities are endless to find what works best for you.
“Ideally, 5-12 or 5-13 EMA cloud acts as a fluid trendline for day trades. 8-9 EMA Clouds can be used as pullback Levels –(optional). Additionally, a high level price over or under 34-50 EMA clouds confirms either bullish or bearish bias on the price action for any timeframe” – Ripster
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