So 20 day ema, 100 day sma and 200 day sma is a good start For setting up a chart

Yes, using a combination of 20-day EMA, 100-day SMA, and 200-day SMA can be a good starting point for setting up a chart to analyze price trends and identify potential trading opportunities. Here's why: 1. **Short-term Trend Indicator**: The 20-day EMA is a short-term indicator that can help you identify short-term trends and potential entry or exit points. It is less likely to lag behind price changes and can provide quick insights into short-term price movements. 2. **Medium-term Trend Indicator**: The 100-day SMA is a medium-term indicator that helps smooth out price data and provides a clearer picture of the medium-term trend. It is less sensitive to short-term price fluctuations and more likely to reflect a stable trend direction. 3. **Long-term Trend Indicator**: The 200-day SMA is a long-term indicator that helps identify major trends and potential turning points. It is less reactive to short-term price movements and more focused on long-term price direction. By combining these three moving averages, you can get a better understanding of the price trend and its direction. You can use the 20-day EMA to identify short-term opportunities, the 100-day SMA to confirm medium-term trends, and the 200-day SMA to gauge the overall long-term direction. This combination can provide a more comprehensive view of the market, helping you make more informed trading decisions.