moonchild
VIP Contributor
A moving average means the cumulative price of all time depending on the period, so for example you use a 14-period it will calculate based on 14 candlesticks and give you based on that data, it will give you the direction of the market, but the most important thing to note is past price do not in any way predict what price will do next.
But a moving average is very important to give an overall direction of where the market will go, this will help you tremendously in knowing the direction and also keep you up to date with price overall.
But a moving average is very important to give an overall direction of where the market will go, this will help you tremendously in knowing the direction and also keep you up to date with price overall.
