PDF Title | : | Moving Averages 101 |
Author | : | Steve & Holly Burns |
Language | : | English |
Publisher | : | Stolly Media, LLC |
Format | : | |
Total Page | : | 77 Pages |
PDF Size | : | 4.23 MB |
PDF Link | : | Read and Download |
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“A moving average will be the average price for a trading instrument over a set time frame. They help smooth out the price action, and focus on where the current price is trending in relation to an average price, over the trader’s time frame.
Moving averages are technical tools used on charts for trend identification. They can be used as standalone lines for trend trading, or in conjunction with other technical indicators like the MACD, RSI, price levels of support and resistance, or even with other moving averages.
Moving averages are one of the building blocks for other technical indicators like Bollinger Bands, MACD, and the McClennan Ocillator.”
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