Moving Average = Probably the Most Widely Used Technical Indicator Moving averages are among the most widely used technical indicators. I would even say moving average is the most widely used technical indicator, though no one can really know and count this. Moving averages enjoy this privilege thanks to their [more…]
Three Moving Average Parameters So you want to add a moving average on your charts. What are the parameters you have to set or choose? There are only a few (three): The prices that will be used for calculating the average: close, average of high and low, average of high, [more…]
Moving Average Period Meaning The length of a moving average period, or simply moving average period, means how many bars are used for calculating the moving average. When you are selecting a moving average period length, you are deciding how far back to the history you want to look. For [more…]
Calculating Moving Average from Close Most people calculate moving averages (or let their software calculate it) from the closing price of each bar. This has a valid reason on daily or weekly charts, because the price at which the market closes on a particular trading day or week has a [more…]