Moving averages are calculation based on price, they don't contain any new information
Only help you can get from them is to make your charts pretty
Only help you can get from them is to make your charts pretty
Moving Averages 17 replies
MT4 Moving Averages In Their Own Frame? 3 replies
Moving averages in its own indicator window 7 replies
VT Moving Averages of Relative Strength Index Alert Wanted 1 reply
Shifting Moving Averages on Daily Charts 2 replies
DislikedI think the better questions to ask yourself and consider are: Can a moving average be inaccurate? Can a moving average be doing something that price is NOT? Vice versa? Can anything on your charts be inaccurate? (not including obvious bad data)? Can anything on your charts NOT be derived from price action (OHLC)? What else do we have to rely on that is NOT derived from OHLC? What is technical analysis and what are the base elements being recorded, measured and analyzed on price charts? {image}Ignored