5 8 13 moving average

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Trading Tips For Biggeners

Because they add reliability to all technically-based trading strategies. BUT it's very important that you pick the right one and know how to use it properly! ⁠ ⁠ It's also very important to understand that Moving Averages are only one small piece of the trading puzzle. More Moving Averages on the chart doesn't mean that you will make better analysis!⁠ ⁠ As always keep it simple and only use the ones that can truly give you an advantage in making better decisions in the markets!⁠ ⁠

For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8- and 13-period simple moving averages (SMA) offer a valuable addition to one’s strategy.

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Chart 1: Weighted Moving Average (WMA)

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