The 5 day, 10 day and 20 day SMAs overlay show early entry when the 5 crosses above the 10 and confirmed entry when the 10 crosses above the 20. This setup is used for swing trading short term 1 week to a month.
Use the 2,4,8 day for less then 1 week swing trading.
The 50 is a mid term indication. Used mainly for 3 to 6 month position trading evaluation. The 200 day is a long term indication, used mainly for 6 month to over a year investment evaluations. The cross of the 50 above the 200 is an enrty indication for position and/or investments.
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