how about the âMethodâ (simple, exponential, smoothed or linear weight) & âApply toâ (CLose, open, high, low, and others)?
I tried one combination currently using exponential and close default is simple and close.
Please advise, many thanks
I find this thread quite educational and useful for new traders to understand some of the mostly used indicators in technical analysis. I would just add that it needs to be tested on different time scales as it can provide different market trend indications when applied on different time scales
The number of new traders who believe this is a lot and not good for them. If you trade by this method just by an indicator who shows some up and down lines then youâre going to get rekt. If you want to improve your trading then my advice is to get rid of indicators and focus on technical analysis with Support, Resistance, Supply and Demand, Trendlines, Uptrend and Downtrend, Multiple timeframes.