They are easy bollinger bands indicator forex yang set and easy to interpret. Speaking simple, moving averages simply measure the average move of the price during a given time period. It smooths out the price data, allowing to see market trends and tendencies.
Moving Average is a trend indicator. Price direction – up, down or sideways. Price location – trading bias: above Moving average – buy, below Moving average – sell. Price momentum – the angle of the Moving average: rising angle – momentum holds, falling angle – momentum pauses or stops. SMA – Simple Moving Average – shows the average price for a given period of time. EMA – Exponential Moving average – gives priority to most recent data, thus reacts to price changes quicker than Simple Moving Average. WMA – Weighted Moving Average – puts emphasis on most recent data an less – on older data.
Try and test and then choose your favorite set of Moving Averages. Hi, saya Wawan Hartanto dari Indonesia. Saya hanya ingin mengatakan bahwa penjelasan anda sangat mudah dipahami, sangat bermanfaat bagi siapa saja terutama bagi mereka yang masih awam terhadap indikator Forex. Hi, I Wawan Hartanto of Indonesia.
I just wanted to say that your explanation is very easy to understand, very helpful for everyone especially for those who still lay on the Forex indicators. I can add them to my MT4 platform? The platform is ok but does only have a simple moving average. Weighted and Exponential Moving averages are available in every MT4 platform by default. All you have to do is change the MA method in the properties window. Triangular Moving average can be downloaded here: TMA. How to download indicators from this site!
Thanks a lot for your generosity and sharing your knowledge with people. How about the Displaced Moving Averages indicator? A negative value would mean a shift backward – so that your Moving average will stay behind the price N number of intervals. Such Displaced Moving average is able to contain the price in a trend better.
A positive value would cause a shift forward – such Displaced Moving average becomes a leading indicator, which to some extent helps to anticipate next moves. I used 5ema, 10ema and 20ema. It’s a well known technique in trading. Depends what you want from it.
Faster trends – 20 SMA, mid trends – 50 SMA, longer trends – 100 or 200 SMA. MA – 10 EMA is one that’s used the most. Hi,i’m jeffryloo your explanation is very easy to understand. 200 MAs but, make the 100 exponential. I know this may sound crazy but, for me the best short term average is a channel made of the 8 Smoothed MA high and the 8 Smoothed MA low. This provides excellent trend direction and helps alert you to sideways movement and assist in determining breakout.