SMA for begginers
Topic: SMA for begginers
what SMA is all about ?
SMA is Simple Moving Average,
imagine that you have a graph with X and y coordinates,
the X is the Time and the Y is the Price of pair.
SMA is the average of the prices of the pair in the period that you want.
SMA in general is a very popular indicator,
a lot of time we are checking if the SMA of short period is crossing the SMA of long period from the bottom,
when it does we should buy Longs position,
and if the SMA of short period is crossing the SMA of long period from the top
we should buy Longs position.
it is very basic idea and you can and need to manipulate this but is is good basic.
use your knowlage very carefully and on your own risk.