Moving Average And Exponential Moving Average
● Moving Average is an Indicator
● Moving average is like calculating the average or Percentage
● Used to identify trend
● Market identify
Common moving averages used
8, 29 ,32 ,55, 100
Where 8 represent the average of 8 candle same for other
Moving average are mostly used
Support and resistance find out
In trading view you can find it out as Moving average exponential in indicators
Relative strength index
● Less than 30 percent people are selling
● Less than 20 percent stock is low
● Best time to buy is 15-20 percent
● 70 percent RSI stock is over buyed
● 80 percent or above best time to sell
Moving Average Convergence Divergence (MACD)
"Moving Average Convergence Divergence" (MACD) is a technical analysis
indicator used in trading to identify changes in price momentum by calculating
the difference between two exponential moving averages (EMAs), with a
shorter time frame EMA subtracted from a longer timeframe EMA, essentially
showing when price trends are converging or diverging from each other
MACD and histogram
● Strength
● Direction
● Momentum
● Duration of trend