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simplenothing
18 de Abr de 2022 13:01

SMI MTF 4-Colored MAs (jkf) 

Meta Platforms, Inc.NASDAQ

Descrição

Four linear moving averages of varying frequency. Reading the moving averages is an art. If looking at a Daily price chart (for example):

For bullish trades, I like to see the yellow (longest term) moving average moving higher, but timing can be improved by respecting the shorter term lines, especially the black (shortest term).

For further support of your hypothesis, switch the frequency to Weekly, and validate that is supportive as well.

Warning: "Lookahead" is set to on, so large price swings can alter prior day readings.
Comentários
MacChart
Does the SMI refer to Stochastic Momentum Index?
simplenothing
@MacChart, yes, you are correct.
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