Hi Forum,
I am sorry to ask this question as I understand it maybe frustrating and may frustrate some pros. I would like to understand how to use MAs. The chart in this article Chart .
So they use a 5 day and a 10 Day MA. Ok great, however the 5 and 10 are units and it really depends on what your units are, Hourly would be 5 hour MA and daily would be 5 day MA..... I think i get that, so to interpret a chart, how do you know which unit to choose. In the screenshot HERE Screenshot.
RIGHT: Hourly units from the 16th . Left: Daily units from the 16th.
In the right the 20 MA shows a support, in the left the 20 MA shows a resistance, so how does one know which unit to take / set the chart to since applying the same MA yields diff results
Submitted December 20, 2017 at 01:58AM by daproject85 http://ift.tt/2kPQiRk
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