In this idea I'm providing to you the use of a 10/28 Moving average that you can find in my profile.
This particular indicator is specifically designed to use for this type of strategy.
keep in mind that also any previous video I made sure to note with all of you guys if you are using a pair of indicators on your chart then the settings for both of these...
📍 What Is a Moving Average (MA)?
In finance, a moving average (MA) is a stock indicator commonly used in technical analysis. The reason for calculating the moving average of a stock is to help smooth out the price data by creating a constantly updated average price.
By calculating the moving average, the impacts of random, short-term fluctuations on the price...
📍 What Is a Moving Average (MA)?
A Moving Average (MA) is a popular technical analysis tool used in finance to indicate the stock's average price over a certain time frame. Its purpose is to reduce price volatility by creating a continually updated average price based on the stock's historical data.
The computation of a moving average helps to minimize the...
Criteria for a dead crossover is that the short term moving average crosses below a longer term moving average while both are pointing lower.
Criteria for a golden crossover happen when a shorter term moving average crosses above a longer term moving average while both are turning higher
IN this example I have used a 55 and 200 day simple moving...
Death Cross, 5 Key things to watch
The "death cross" is a market chart pattern that occurs when a short-term moving average falls below a long-term moving average,
indicating recent price weakness. It is often studied using the 50-day and 200-day moving averages. The death cross pattern is more reliable
when confirmed by other indicators such as high trading...
Just a reminder...
A Bollinger Band resembles a moving cylinder with three lines.
A top, middle and bottom line.
These three lines are plotted on any chart and you’ll see the price of the markets moving in-between these levels.
When the price crossed above the middle line, the trend is up.
When price moves and stays below the middle line, the trend is...
I have three Moving Averages that I plot on any market.
7 MA
21 MA
200 MA
Here is the JSE ALSI 40 with the three moving averages.
In the above daily chart of the JSE you can see I’ve plotted the 7MA (Red), 21MA (Blue) and 200MA (Black).
Now I have two simple rules for when the market is in an uptrend or a downtrend.
Downtrend with the three Moving Averages...
in the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap.
also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that...
We start by creating a visual for when all moving averages are in order and across the 200 moving average . In this example, I have used a vertical line in the colour of our bias direction, Long(Green) , when this condition has been met. We now have an increased confidence by filtering out trade setups that do not meet our bias giving a higher probability...
Finding Trends in the market is a tool needed to stay on the right side of the trade.
Here I attempt to help you out by giving some tips that I have found through my 7 years of looking at the charts.
I have noticed that while the focus is on the avg close of the markets that isn't where trends take place in fact aiming for the avg is a good way to continuously...
GBPCHF
Price has broadly moved above the EMA's ribbon its one of the easy method to predict the trend on September 08 the price felled below the ribbon and the selling happened rapidly. Whenever the ribbon is constricted the trend going to reverse and if the ribbon is widen enough still the upside/Downside momentum is intact
In GBPCHF the ribbon was turned upside...
