Lesson 5 – Moving Averages

Inviato il 9 November 2008 da Forex Staff

The Moving Average or (MA) indicator is the most frequently used indicator in technical analysis and surely one of the oldest technical indicators in existence. A moving average is the average price of a market at a specific point in time. A moving average shows the direction and length of a trend. The purpose of the moving average is to show the trend in a smoothed way. Since the Moving Average is one of the most versatile and widely used of all technical indicators, it is the basis for most mechanical and discretionary trading systems in use today. Here are some general characteristics of ...