What is a Simpler Trading Simple Moving Averages for Cheap?
What is a Simple Moving Average?
A Simple Moving Average is arguably one of the most basic forms of technical analysis, used to identify trends and reversals. It’s a calculation that averages a series of data points over a specific period. By “smoothing” out price fluctuations, it provides a clearer picture of the overall trend.
Why is the SMA Important in Trading?
The SMA is a critical tool in a trader’s arsenal, largely because it provides actionable insights about market trends. Traders often use it as a baseline to compare current prices, helping them identify potential buy and sell signals. In the image below, the buy signal formed when the 50 SMA crossed over the 200 SMA to the upside, and remained a valid buy signal for an entire trading week.
SAMPLE:
SAMPLE:
Simpler Trading Simple Moving Averages INDEX:
📄 SimpleMovingAverages-MEM-Sep2021.mp4 (394.78 MB)
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