2007-09-28

The trend is your friend (3)

Moving average (MA) line.


To complement our trend analysis we can look at the slope of a moving average (MA) line.

This makes our analysis more objective.

When the slope of the MA is rising the trend is up, when it is declining the trend is down and when it is flat the trend is sideway.

The question is which type of moving average should you use and what is the length

No comments: