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Thread: Moving Averages
04 May 12, 16:09 #1ECMF VIP Member
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- 08 Jul 11
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Moving averages are among the most used indicators, and any expert trader will have it on his/her chart, why? Because they have multi-uses and are simple and effective, 3 major types of MAs are known: simple - exponential - smoothed.
If you want my opinion "exponential" is the most reliable and effective one as it represents the current condition of the market as it is affected with the recent prices
08 Jul 12, 09:05 #2
I agree that the trader who seriously follows the Moving averages can have an edge in trading as they are like dynamic support & resistance levels and enable a trader to set up Stops and Targets with long term moving average which moves slowly.
08 Sep 12, 17:09 #3ECMF VIP Member
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- 10 Jun 09
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i think moving average is the most popular indicators in meta trader
and i think 100 simple and 200 simple is a good settings for it
28 Feb 13, 06:50 #4
Weighted moving average, the most recent data value more quickly than
the data. Weighted moving average is calculated for the cost of multiplying
weight factor for each count is close.