PROTECTED SOURCE SCRIPT

4 Moving Average-By Atropine

580
A moving average is a statistic that captures the average change in a data series over time.

The moving average can be used to identify buying and selling opportunities with its own merit . When the stock price trades above its average price, it means the traders are willing to buy the stock at a price higher than its average price. This means the traders are optimistic about the stock price going higher. Therefore one should look at buying opportunities.

Likewise, when the stock price trades below its average price, it means the traders are willing to sell the stock at a price lesser than its average price. This means the traders are pessimistic about the stock price movement. Therefore one should look at selling opportunities.

We can develop a simple trading system based on these conclusions.

This Indicator Indicates 4 Moving Average of Different Periods.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。