Moving Averages are a popular choice for many successful traders. Learn all about them here 👇
and Ethereum, the use of TA indicators has a simple goal: use existing data to make more informed decisions that will likely lead to desired outcomes. As markets grow increasingly more complicated, the last decades have produced hundreds of different types of TA indicators, but few have seen the popularity and consistent usage of moving averages .
It's important to note that all data inputs in an SMA are weighted equally, regardless of how recently they were inputted. Traders who believe that there's more relevance to the newest data available often state that the equal weighting of the SMA is detrimental to the technical analysis. The exponential moving average was created to address this problem.EMAs are similar to SMAs in that they provide technical analysis based on past price fluctuations.
Both can be advantageous depending on the trading setup. Larger data sets benefit long-term investors because they are less likely to be greatly altered due to one or two large fluctuations. Short-term traders often favor a smaller data set that allows for more reactionary trading. A crossover signal is created when two different MAs crossover in a chart. A bullish crossover happens when the short-term MA crosses above a long-term one, suggesting the start of an upward trend. In contrast, a bearish crossover happens when a short-term MA crosses below a long-term moving average, which indicates the beginning of a downtrend.The examples so far have all been in terms of days, but that's not a necessary requirement when analyzing MAs.
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