In the upper left middle of the software, there is a cross; click on it. Inside the trend indicator, locate the MA and turn it on.

We commonly use the first moving average, the 144-day moving average, and we bring it up. The 144 is an SMA; remember everyone, all our moving averages use SMA.

Then we bring up the second moving average, the 55SMA. We can change the color relatively. The third moving average we bring up is the 21SMA.

These three moving averages are the ones we commonly use for intraday trading, and they are also the three moving averages I have been using consistently in my intraday trading. Once these three moving averages are adjusted, we won't need to change them anymore.

In all trading and analysis levels, we use these three moving averages for analysis, including when you switch to a 1-hour chart, a 4-hour chart, or even a 5-minute chart or a 1-minute chart; our moving averages will never change, we will always use these three moving averages.

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1. Let's start from the largest to the smallest and discuss the application methods of the moving averages.

144-day moving averageFirst, let's look at the 144-day moving average. The 144-day moving average plays a leading role in our trading analysis. We primarily use this 144-day moving average to determine the direction of the price. If the price is below the 144, we determine that throughout the trading process, we should always take a short position when the price is high. If the price is above the 144 line, our trading strategy is to always take a long position when the price is low, meaning that the 144 line is the line we use to judge whether to go long or short.

55 and 21 lines

Next, let's examine the 55 and 21 lines. The main thing we look for with the 55 and 21 lines is their golden cross or death cross. If the 144 line is pointing downward and the price is below the 144 line, and at the same time, the 21 line crosses below the 55 line, we determine that a short position is established, and our strategy must be to take a short position when the price is high. Conversely, if the 144 line is pointing upward and the 21 line crosses above the 55 line to form a golden cross, our strategy is set: take a long position when the price is low. Whenever the price enters a pullback, we determine that it is a strategy to take a long position when the price is low.

The point I just mentioned is our conventional use of moving averages. Next, I want to tell you about a unique feature of our trading, the most characteristic use of moving averages. We normally like to use the moving averages for trading at their retracement points. Let's take an example and look at the chart.When prices, such as one's own price, are moving downwards, all moving averages are pointing downwards. At this time, what should we use? We use the divergence point between its price and the moving average, which is also a point of divergence, to conduct intraday trading. The success rate of this trading method is very high, and the profit-to-loss ratio is relatively reasonable.

Let's take a look at the chart. However, this position is not particularly standard. We can see that the price is moving downwards. So, what is our trading idea? It is to sell high, right?

Now we see the price moving upwards. At this time, it means that the moving averages are pointing downwards, but our price is currently moving upwards. At this time, it means that the direction of the price and our moving averages is diverging.

We can execute a short-selling plan when it rises back to a certain position, and we can place our stop loss at a previous high point.

In this way, once our short-selling plan is established, the profit point is quite high.

Let's take the chart as an example.

This place is a very typical entry point for selling high. Let's look at it; the price has been moving downwards, and the moving averages are pointing downwards. Then suddenly, the price rises rapidly with an increase in volume, reaching a position at the 144 line.

This means that the direction of the price and the moving averages forms a strong divergence, and it is a rapid upward pullback divergence. So, we can execute a short-selling plan near the 144 line, and we can place it at a high point, so when the price falls, we quickly take profit and exit our positions.So, this approach is a commonly used method for strong rebound in our intraday trading, a quick trading method with a very high success rate, and it involves quick entry and exit. The time for entering and exiting positions is generally controlled within 15 minutes.

This has a very minimal impact on the mentality of our traders. You don't need to hold positions for a long time that would change your trading plan. We only need to hold positions for about 15 minutes, or even just five minutes, and we can close our trades and exit the market.

The two points mentioned above are the conventional uses of moving averages. First, we use the difference in time. Second, we use the deviation.

Where is the core point of these two uses?

It is to use 144 as the dominant direction. If the 144 is facing upwards, our strategy is to buy on dips. If the 144 is facing downwards, then our strategy is to sell on rallies. As long as everyone masters these two key points, our subsequent use of moving averages for trading will become second nature.