Generally and traditionally, technical traders use MA20 and MA 50 crossover on the daily chart to pinpoint bullish trading setups. After that they use a different times trading strategy to trade it like a pro.
One example would be MA20 crosses above MA50 on the daily chart and after that the price forms a higher low. I mean a pull-back and the common sense trend line is broken.
Once the setup occurs on the daily chart, it makes sense to check the monthly chart to verify if everything is aligning nicely ( draw all monthly chart key levels and channels). Next, head to the hourly chart and wait for a valid signal. Put the stock on a bullish watchlist and wait for a clean cut gorgeous trade signal.
When the signal is in place, time the entry on the 10M chart like a pro without ignoring the economic news. If the the market (SP 500) is very bearish do not take a bullish trade. The opposite is also true.
Apart from the daily chart, technical traders also love to trade MA20 and MA 50 crossover on hourly, 2-hour and 2-day charts. The aim is to first find a trading setup, and then break it down to a lower time frame.
Truly, one can use the MA20 and MA50 crossover trading setup on all times frame.
Warning
Never use one time frame when deploying MA20 and MA50 crossover trading strategy. Use at least two times frame. Alright?
Please do not forget to validate the setup on the immediate higher time frame. This is too important because one does not want a dodgy setup, but robust that one has validated. Am I talking too much?
Alright, now you get it.