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Their main task is to filter out random fluctuations and highlight a strong long-term trend. This is the average price of an asset for a certain period of time, which is measured by the number of bars to calculate. Additional parameters can be considered the calculation method of Moving Average and price of asset. The line is as sensitive as possible to the current changes. It is recommended for low volatility and medium volatile assets at short periods. How to use Moving Averages in Forex trading, if their signals are not accurate enough?
That is why any trading strategy based on Moving Average does not allow you to enter the beginning of trend and close position at the very end of trend, but it gives a chance of successful trade in the direction of most stable movement. 8, 13, 21, 55, 133, 200 and 365. When determining the main parameter, you always have to make a choice between sensitivity and reliability: with a decrease in the calculation period, the influence of price noise increases and confidence in trade signals decreases. Optimum parameters for different assets need to be selected and tested separately. The greater slope of the MA line, stronger the current direction. MA lines intersect, optimal entry point is already lost.
The best Moving Averages for Forex can be used to install a floating stop and move it behind the price along line. It is important: for any market to break above the falling MA line is much more difficult than punching down the growing Moving Average. This means that in the breakdown of the average line, new dynamic support always turns out to be stronger than the resistance. It is necessary to check how the selected MA behave on the timeframe, which is older than the one on which you plan to open transactions.
The modern market is too dependent on fundamental information and when the classical MA show a trading signal, it is too late to open a deal. The use of non-standard variants of calculation gives an additional chance for success. The best Moving Average for Forex trading to determine the points of the trend reversal. EMA parameters depends on the current volatility of the traded asset. Applies to futures, stock indexes or very volatile currency pairs. DEMA, TEMA: Moving Average indicator Forex based on a double or triple exponential mean. Destroy on the price chart almost all the market noise and leave only a clean trend.
MAMA: adaptation of EMA to volatility based on Hilbert-conversion. It is used on speculative assets during a strong trend. Many popular indicators have been built on this technique, such as Bollinger Bands or Alligator. Moving Averages without taking fundamental events into account.
How to use Moving Average indicator in Forex, if it is effective only in the trend market? Indexes, Options, and other derivative financial instruments involves a high level of risk and is not suitable for all categories of investors. You must realize that there is a probability of partial or complete loss of your initial investments and you should not invest facilities that you can’t afford to lose. Many trading platforms place an oscillator at the bottom of a chart, in a separate window. This is the visual difference between a trend indicator and an oscillator.
Moving averages are, like the name suggests, an average of previous prices. Depending on the period considered, they move faster if they consider a shorter period, like ten or twenty candles. Or they move more slowly when one hundred or more candles define the average. Traders love moving averages because they have a tremendous visual impact on the state of the market.