SMA 8 & 20 & 50

25 באוג׳ 2020

This is a colored moving average for the 8, 20 and 50 SMA. You can switch the values if you would like. The color is based off the slope of the moving average, I is very simple yet valuable indicator. The market will generally stay above the 8 and 20, with every now and then testing the 50 sma. Of coarse that is when moving upward in price action. The same can be said in a bear market.