EMA (Exponential Moving Average) indicator settings on the Binance platform depend on your trading strategy (short-term, medium, or long-term). Here are the most popular settings used:

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Common EMA settings:

1. EMA 9 and EMA 21

• Goal: Day trading (scalping or short-term).

• Signal:

• When EMA 9 crosses above EMA 21 → Buy signal.

• When EMA 9 crosses below EMA 21 → Sell signal.

2. EMA 20, EMA 50, and EMA 200

• Goal: Medium and long-term trading.

• Signal:

• EMA 200 is used to determine the overall trend (uptrend or downtrend).

• EMA 20 crossing above 50 → Confirmation of an uptrend.

• EMA 20 crossing below 50 → Beginning of a downtrend.

3. EMA 8 and EMA 34

• Goal: Elliott Waves strategy or trends.

• Signal: Like other moving averages crossings.

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How to add EMA on Binance:

1. Open the candlestick chart for the desired currency.

2. Click on “Indicators.”

3. Type EMA or Moving Average Exponential.

4. Add the indicator two or more times based on the number of settings.

5. Click on each indicator to adjust the length (Length) (e.g., 9, 21, 50, etc.).

6. Change the color and thickness to make it easier to distinguish between different averages.