Registered User Joined: 12/11/2004 Posts: 3
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How is the Moving Average determined? Although 20 day 30 day 10 day etc. are most commonly used, I notice quite a variety in the various charts. Do you just keep randomly experimenting until you get the results you desire?
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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The period of any indicator, including moving averages, is a personal choice. You will want to find periods that match you own trading/analysis style. Here are two videos on moving averages that may help you in your journey:
Understanding Moving Averages - Part I, The Basics
Understanding Moving Averages - Part II, Using Multiple Averages
- Craig Here to Help!
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