![]() There are two commonly used moving averages:Īs the name implies, it is the simplest form of moving average. It may also be calculated for any sequential data sets, opening and closing prices, high and low price, trading volume, or any other indicators. The common application of moving averages is to identify the trends direction. As the price changes, its moving average either increases or decreases. ![]() ![]() They can also be used to provide dynamic support and resistance levels as the markets moves higher or lower.Ī moving average is simply showing the average price over a certain period of time. Moving Averages are used widely by traders on their price action charts because they can track and identify trends by smoothing the markets fluctuations.Ī moving average is a technical indicator that helps you smooth out price action and it can also identify the predominant trend in a market. ![]() How to Use the Moving Average in Your Trading?.What are the Most Popular Moving Average Combinations?.What Markets is a Moving Average Used in?.
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