๐ซ๐ซ Smoothed Moving Average (SMA) ๐ซ๐ซ
๐ This indicator is commonly used to confirm market trends and generate buy/sell signals ๐
โค๏ธ The Smoothed Moving Average (SMA) is a technical analysis tool used by traders to analyze price trends of financial assets. โค๏ธ
๐ข๐ข It is a variant of the Simple Moving Average (SMA) that uses a longer period and applies more weight to recent data points, smoothing out the price movements and providing a more accurate picture of the underlying trend. ๐ข
๐๐ Compared to SMA, which gives equal weight to each data point, SMA is more responsive to recent price changes and less sensitive to short-term fluctuations. SMA is an essential tool for traders, as it helps them identify market trends, potential support and resistance levels, and determine possible entry and exit points for trades. ๐๐
๐ฅ๐ฅ Settings: Default - (Length 7 Source close) ๐ฅ๐ฅ
๐ฅ๐ฅ Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. ๐ช
โค๏ธ The Smoothed Moving Average (SMA) is a technical analysis tool used by traders to analyze price trends of financial assets. โค๏ธ
๐ข๐ข It is a variant of the Simple Moving Average (SMA) that uses a longer period and applies more weight to recent data points, smoothing out the price movements and providing a more accurate picture of the underlying trend. ๐ข
๐๐ Compared to SMA, which gives equal weight to each data point, SMA is more responsive to recent price changes and less sensitive to short-term fluctuations. SMA is an essential tool for traders, as it helps them identify market trends, potential support and resistance levels, and determine possible entry and exit points for trades. ๐๐
๐ฅ๐ฅ Settings: Default - (Length 7 Source close) ๐ฅ๐ฅ
๐ฅ๐ฅ Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. ๐ช
ืืขืจื:
Volume and SMA rocks always
Volume and SMA rocks always
ืืขืจื:
ืืขืจื:
Yesterday's Nvidia Chart..Never gave any buying opportunity..Just sell and ride on..Simple and Clear.