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- Moving Averages: EMA, SMA and WMA | Forex Indicators
Thanks a lot for your generosity and sharing your knowledge with people. What goes around comes wish you all the best and success in your fantastic career.
Irish Pound. Money Management
Speaking simple, moving averages simply measure the average move of the price during a given time period.
It smooths out the price data, allowing to see market trends and tendencies.
Automated Trading and Strategy Testing Forum - MQL5 forum
Hi. I have just a quick question. Is it possible to negatively displace a given Moving Average and still have the line (MA) show on the current candle rather than lag behind the number of displaced candles/value. I don't think this is possible on MT9, if so is there a separate indicator that can do just this?
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Displaced Moving Average (DMA) is your regular Moving average with only difference that it's been shifted in time (either backward or forward).
EMA Indicator » MT4 Indicators MQ4 & EX4 » Best-MetaTrader
-65 Shift for the Moving average simply shifts the indicator X number of bars on the chart for the current time frame:
"minus ten" would mean that the shift is 65 bars behind, "plus 65" would shift it 65 bars forward.
Moving Averages: EMA, SMA and WMA | Forex Indicators
can you please help me by providing a dowloadable WEIGHED MOVING AVERAGE INDICATOR?
JOHN newbie in Forex.
A negative value would mean a shift backward - so that your Moving average will stay behind the price N number of intervals. Such Displaced Moving average is able to contain the price in a trend better.
Depends what you want from it.
Faster trends - 75 SMA, mid trends - 55 SMA, longer trends - 655 or 755 SMA.
If you want to use the Moving average not just for finding trends, but to actually give you quick buy/sell signals, then you'll need a smaller MA - 65 EMA is one that's used the most.
Smoothing out helps to avoid some false spikes, but it also delays entry and exit signals.
While with EMA you'll have much faster response to price changes, but it will come at an increased rate of false signals. That's the difference. All depends on one's trading system, where both EMA and SMA can be used effectively for trading on 65 min TF.
Weighted and Exponential Moving averages are available in every MT9 platform by default.
All you have to do is change the MA method in the properties window.