THINGS YOU HAVE TO KNOW ABOUT USING MOVING AVERAGES IN FOREX TRADING
Moving average is a trend following indicator. Will be very useful in trending market and will have no value in ranging market.
The very basic definition of the moving average is – average value of the last X period. So for example if you want to find the last 14 days average value you should use 14 MA
There are several types of moving average calculation – SMA, EMA, Smoothed and Linear weighted.
The difference of each is the way it’s calculated while the most common ones are – EMA and SMA.
✨ Key Ways to Use Moving Averages:
The bigger the moving average – the bigger trend it refers to.
You don’t need several moving averages on the chart to have a better read of a trend.
Use multiplier of 2 or higher between MAs you use.
Cross of moving averages DO NOT guarantee you will get a move of hundreds of pips.
Multi – Time Frame usage of moving averages, will help you to find more reliable trends to trade!📉🔍
#MovingAverages #ForexTrading #TechnicalAnalysis #TradingTips #ForexMarket #PriceAction #forex #trading #forexeducation #forexsignals #tradingtips #marketanalysis #tradingstrategy #hometraderclub #vladimirribakov
Vladimir Ribakov
收藏
分享给好友
分享
举报
举报原因
感谢您的反馈!
相关推荐
留言
0/1000
最热
最新
举报原因
感谢您的反馈!
简介
THINGS YOU HAVE TO KNOW ABOUT USING MOVING AVERAGES IN FOREX TRADING