Yes brother i believe that moving average is an important indicator.But i are not recharge about this.I make my strategy by 4 moving average.Many many thanks brother for share a nice post.
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Yes brother i believe that moving average is an important indicator.But i are not recharge about this.I make my strategy by 4 moving average.Many many thanks brother for share a nice post.
Click to EnlargeThe moving average was likely the first technical study used by traders and investors to determine the trend of the market. The moving average smoothes price fluctuations by averaging a selected number of prices. This removes what engineers refer to as “high-frequency noise" from the data, and from the trader’s standpoint, the smoothing creates a study that can be used as a definition for the trend. The average price is plotted on the price chart along with the price bars. There are different ways to calculate the average price, including simple, exponential, weighted, and smoothed calculations. CQG carries two studies, the moving average and the moving average cross, both of which can be formatted to the trader’s interest and be a part of conditions, custom studies, alerts, and trading systems.
MA so popular with traders.The most commonly used ones in forex are SMA and EMA. The primary difference between simple moving averages and exponential moving averages is that exponential moving averages are weighted and give more importance to recent data.
Moving averages is really great tool. We are know if this tool and indicator can give us great result as long us we are know and understand how to make it. Many trader is forget how to use this simple and worth indicator. New and complicated indicator usually more take affect and get more attention than using simple and good indicator.
Moving Average is a very popular and powerful indicator in Forex platform. Moving average is short form is MA. I also use this MA in my forex chart and depends on the MA is open trade. You can use MA as your need and as your strategy... So, try to experience gather about Moving Average.
personaly i like very much this indicator and sincerely i base my analysis on this indicator it's reliable and very useful and mainly if we trade in ong term or what we say swing trading, i hope that i learn more about it
moving averages are the most widely used and recognized indicators even if they are not used they are being put in indirectly in the most indicators. for example, a price channel is based on bollinger bands.
regardless of how support and resistance is interpreted , remember that support and resistance S&R is created when the market turns around , if price is moving up and then begins to fall, the highest point that move is now resistance..
Greetings friendsQuote:
Originally Posted by rookie001
I like to thank you for the notice, maybe I'm still new to trading, and need to learn more, you might suggest that moving averages can be useful for me for the good of my profit.
well i think all trader just have to understand the best way the moving average works because if a trade have not make use of the moving average then the trader is not fully a forex trader because with moving average we can always get the best direction of the trend and also the direction of the trend thats what i think