Best moving average for gold trading
On the fort place of top 5 best Moving Average Forex trading systems, we have The Zone indicator. The system projects Buy and Sell signals according to Bill Williams definition of the Trading Zone. You can use this tool as a confirmation to add on more to orders opened in the direction of the trend. The combination of 5-, 8- and 13-bar simple moving averages (SMAs) offers a perfect fit for day trading strategies. These are Fibonacci-tuned settings that stand the test of time, but interpretive skills are required to use the settings appropriately. One of the simplest and most widely used indicators in technical analysis is the moving average (MA), which is the average price over a specified period for a commodity or stock. For example, a five-period MA will be the average of the closing prices over the last five days, including the current period.