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ForeCastle

  1. The Art of Keeping it Simple, or Any Indicator Is Really Just a Fancy Moving Average

    by , 08-12-2014 at 04:28 AM
    Talking Points:

    • The moving average is easy to compute, and simple to chart.
    • Moving averages can help to smooth out near-term noise and volatility.
    • Moving averages can be used in a variety of ways, and we address the three most popular in this article.

    Simplicity: The indicator’s job is to translate the price action over the relevant period of time (using the inputs selected by the trader or user) to arrive at a particular message.

    The basis for all ...