Using Moving Averages to determine support and resistance.

[Muskan]

Moving average is a good indicator but i use it only for long term trend recognition for support and resistance i use daily pivot points but i am new to this identify the support and resistance thing can you explain a little more about this subject it would be better!!!

[PRAYOGO]

simple and exponentials They are quite helpful in the process of the determination of the trends and the levels of support and resistance but in addition to the major highs and lows of later swing so more likewise some known focuses.

[lumlider1994]

I think moving average is also a common way that each trader uses to determine the level of support and resistance levels, and you can also use BB is also very good. I suggest you learn the tools fibonacci

[bogelfx]

MA only a forex indicator, and we should know, there is no 100% accurate indicator in forex trading, we must apply a good money management system to avoid errors in any market analysis, MA is an indicator that is easy to understand the beginner traders

[meharban]

My dear friends forex trading main use hone wale indicators main Moving Average bhi ek indicator ha jo har MT4 platform main hota ha. or tamam new bies ic indicators ko zoror use karte hain or main bhi ic indicator ko use karta hon. ic se market ke bare main kafi information milti ha.

[Profit Maker]

Moving Average indicator is the indicator on the basis of calculating the amount of the average number candlesctick formed by setting the value entered for calculating the amount of the candle itself.

I use 15M time frame, if I want to see the ongoing daily trend I will be using the value of 96. 96 is the number I got from the candle in one day amounted to 96 candlestick is formed,

using the time frame 15 Minutes.
one day = 24 hours, 24 x 60/15 = 96
one week = 5 Days x (24 x60/15) = 480
One mounth = 4 Weeks x (5 x 4 x (24 x 60/15)) = 1920

in this case, the use of the time frame that you can influence, like you use 1H time and wanted to see the daily trend, you can use the value of MA 24, 24 candlestick formed a single day if you use the 1H time frame.

the MA indicator, I added to MA 2 weekly, MA is not too important to be used, you can change the color to none if you do not use MA 2 weekly / half moon.

15 M.jpg

Ding Dong 4 MA.mq4

in the example I used the pair Gbp / Usd as an example in seeing the trend is going on Daily, Weekly and Monthly.

[miyanmohsin]

bhai main support and resistance ko determine karny kay lye moving averages use nahi karta. main aik new trader hu jis ki waja say mujy moving averages use nahi karny ata. main forex trading ko abi learn kar rahah hu jab meri learning complete ho jay gi than i will use.

[arelonso2015]

Many traders use moving averages like 20HMA, 40HMA, 100 HMA, 20 DMA, 100 DMA etc. to find out support or resistance levels. And they are really important as these averages has deep impact on sentiments. Do you care to look at moving averages?

Thanks dear for your information about how to determine support and resistance level just using moving average indicator. It would be interesting for me. Maybe I will consider it my manual trading if any.

[fxearner]

moving avearge se trader ko support aur resistance ke baarein me pata nahi chalta,yaha trader ko support aur resistance find karne ke liye pivot indicator ka help lena hoga aur entry ke liye wo moving average ko apne me use kar sakta hai..

[asdfg12345]

ji dear mai eske bare me nahi janata ki ye market kaise treding kiya jata hai mai abhi es market me news hu aur maine es market me abhi 2 bar treding kiye hai aur mujhe ek bar profit to ek bar loss paya hai es market me apko bahot kuchh sokhana hota hai tab jake aap es market me achhe treder ban pate haies liye apko esko bahoot hi siriously lana chahiye ..