What is this red line?

Hi, i`ve began to read the course of education. I’ve watched some videos when I saw the red line shown in the video below:

Inkedred line_LI

Help would be much appreciated.

That would be a moving average. It is one of many technical indicators you can use. Learn more about them here.

Looks like you’re using TradingView? You can click on it and then you’ll see what kind of MA it is! :slight_smile:

@MattyMoney thanks for your answer. But move average follows the ups and downs straight to the line. This moves not like that. @ponponwei nope this is on an iPhone maybe mt4/5…

Depends on the settings. A setting of 5 will follow price pretty close. A setting of 200 will almost appear as a straight line.

Thank you for your answer again it helped me, I tried it and it came close to that. One question about this picture. On the bottom of it it shows a dashed line with buy… left if it. Which indicator is that?

I don’t think that’s an indicator, I think you have 2 long positions open, which means you have 2 open trades. 1) 0.20. 2) 1.00. There might even be a third one there too.

If so, they are doing well! Or they were when you posted this. They could also be pending buy orders which would get triggered if/when price gets there.

Unfortunately they are not mine it’s from a YouTube video I’ve watched but thanks.

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