Moving Averages: The Foundation of Your Investment Strategy
Moving Averages: The Foundation of Your Investment Strategy Hi Readers , Today let’s take a look at some theory on the daily moving averages and then delve in to the practical ways to make profitable trades. Types of Daily Moving Averages ( Not limited to ) Simple Moving Average (SMA): SMA calculates the average price of an asset over a specific period. It’s a basic form of DMA and changes constantly with new price data. Backtesting has shown that SMAs are less effective in consolidating markets and produce most of their losses in such conditions. The SMA’s win rate, compared… Read More »Moving Averages: The Foundation of Your Investment Strategy
