Is Moving Average A Good Indicator?
A moving average simplifies price data by smoothing it out and creating one flowing line. This makes seeing the trend easier. Exponential moving averages react quicker to price changes than simple moving averages. In some cases, this may be good, and in others, it may cause false signals.
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BEST Moving Average Strategy for Daytrading Forex (Easy Crossover Strategy)
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Regarding technical analysis,