moving average

OscarR

Trader
Apr 20, 2023
51
6
9
34
When it comes to choosing the period or timeframe for moving averages, what factors do you typically consider? Do you find shorter-term moving averages more useful for capturing short-term trends, or do you prefer longer-term moving averages for identifying broader market trends? How do you strike a balance between the two?
 

CallahanSinclair

Active Trader
May 13, 2023
119
16
34
40
Choosing the period or timeframe for the moving average depends on several factors including the trader's goals, and trading style. Remember that moving averages are just one tool among many in technical analysis, and their effectiveness may vary depending on market conditions. It is crucial to monitor and adapt your strategy as market dynamics change over time.
 

AlexOZ

Trader
Apr 22, 2023
59
9
14
72
I trade longer timeframes, and so I use longer MAs to buy and sell with the overall market direction. But that is usually only one of the layers used to provide trading signals.
 

Chadpowell

Trader
Apr 8, 2023
85
21
24
New York
I don't trade just based on MA but it was -and is- really helpful!
I prefer longer time-frames just to know the market's direction, but using MAs alone won't be enough!