Moving average

[CjonesRN]

Hi all, I'm new to the forum and trading all together ❤. I have a question about moving average w/ respect to the forex trading platform. I know what the MA is, it's purpose, and how to apply it, etc. My problem is where the heck is it and how to I get to it. I have looked everywhere for it and I can't find it any where on the platform I'm using. I know there has to be someone that knows what I'm talking about....if so your expertise is greatly appreciated.

Thanks
CJonesRN

 

[somrat4030]

Hi all, I'm new to the forum and trading all together ❤. I have a question about moving average w/ respect to the forex trading platform. I know what the MA is, it's purpose, and how to apply it, etc. My problem is where the heck is it and how to I get to it. I have looked everywhere for it and I can't find it any where on the platform I'm using. I know there has to be someone that knows what I'm talking about....if so your expertise is greatly appreciated.

Thank you so much for your valuable Question. You can read this article for understanding proper about Moving average, where apply it, and how to calculate it?

Forex Trading Moving Average Strategies, How to Use And Calculate? - Forex Forum | Forex Trading Discussion | Currency Traders Forum

Forex Trading Strategy Moving Average is Explain For new traders. Moving Average Trading Strategy The moving average crossover strategy is geared toward finding the middle of a trend. A trend defines price action in which prices move in a specific direction over a period of time. Generally...

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Thanks and regards

Feel free to ask any question.

Thanks

 

[Profesor Pips]

Hi, if you want to open indicator's folder, here is a path. Regards Greg

File ⇾ open data folder ⇾ MQL4 ⇾ indicators

 

[CjonesRN]

Hi, if you want to open indicator's folder, here is a path. Regards Greg

File ⇾ open data folder ⇾ MQL4 ⇾ indicators

YESSSSSS!!!!!!????? Thank you, thank you, thank you!! You knew exactly what I was trying to say!!!!! I know how to use it.....if I can ever find it. Thank you so much for your help. I am going to try it right now. I'll let you know how it goes.

 

[CjonesRN]

?

Hi, if you want to open indicator's folder, here is a path. Regards Greg

File ⇾ open data folder ⇾ MQL4 ⇾ indicators

Hey Professor, Am I looking for a drop down menu....possibly at the top of the screen and to the far left??? If so, I didn't see it. I took a pic of the very first thing i see when I log in to the forex trading platform and I Attached it to this post. Can you look and tell me what you think???

 

[Profesor Pips]

Hi, I thought you are use pc version (never used web versions ) webtrader are different between brokers, I assume, you want to add new indicator to chart. I marked places where, probably, you can add indicators to the chart, but I don't have 100% sure. Maybe you can try pc version ? Regards Greg

 

[CjonesRN]

Very impressive!!!!! You're right!!!!! Thank you so much

 

[Profesor Pips]

no problem, the most important thing is that works

 

[Polakandil]

What trading platform that you are using? in Metatrader 4 indicator MA included as default indicator, it easy to find the indicator, just click add indicator then click trend and find Moving Average

 

[Leonardo_fx]

For me personally, moving averages help in trading. If we take a simple moving average with a parameter of 200, then it clearly shows the trend and sometimes acts as support for the price.

 

[Polakandil]

For me personally, moving averages help in trading. If we take a simple moving average with a parameter of 200, then it clearly shows the trend and sometimes acts as support for the price.

MA 200 based on an article this is good to measure long-term trend price, in daily timeframe, MA line may act as dynamic support and resistant, in a downtrend, when the price move pullback and new on MA line, often become signal trading with high accuracy.

 

[Leonardo_fx]

Yes, indeed, the daily time frame for the 200 moving average is very suitable. If we also add a moving average of 100 and 50 in the complex, then this will give a good result.

 

[Polakandil]

MA indicator is a very flexible indicator, sometimes traders created new displaying indicators using a combination of many MA in different period setups, like a rainbow indicator consists of so many MA indicators in one chart, like a rainbow with various colors.

 

[Paulsy]

Hi all, I'm new to the forum and trading all together ❤. I have a question about moving average w/ respect to the forex trading platform. I know what the MA is, it's purpose, and how to apply it, etc. My problem is where the heck is it and how to I get to it. I have looked everywhere for it and I can't find it any where on the platform I'm using. I know there has to be someone that knows what I'm talking about....if so your expertise is greatly appreciated.

Thanks
CJonesRN

The moving average (MA) is the most popular technical indicator in Forex trading. It is a calculation to analyze data using the average change in a data series over time. It is a common technical analysis indicator that is used in identifying and spotting market trends. Moving averages represent continuously calculated values that change constantly based on the average price changes in a set period of time.

The moving average is so common because it is simple, versatile, and easy to apply.

Basic Types of Moving Averages​

There are different types of moving averages out there, each is characterized by the way the data are weighted. The three basic and most common types of moving average (MA) are:

1. Simple (SMA): It is the simplest formula of the moving averages, calculated by adding the set of values and dividing them by their count.
2. Exponential (EMA): The calculation of this indicator gives more weight to recent prices.
3. Weighted (WMA): It is a more complicated formula that assigns greater weight to recent prices, calculated by multiplying the given price by its weighting and totalling the values.

 

[Polakandil]

Moving average included as lagging indicator, it means these tools give signal after the trend has formed, so sometimes when traders use MA crossover as a trading signal, they often too late to get the best price, but moving average still used many trader as help tool, sometimes MA indicator modified like as Mc Ginley indicator inspired by MA, Bollinger band also use MA, MACD also uses MA as basic clacluation. There are so many custom indicator get inspired by Moving Average.

 

[skrimon]

A moving average is a commonly used technical analysis indicator that smooths out price data by calculating an average over a specified period. It helps traders identify trends, determine support and resistance levels, and generate trading signals.