STEP 2
AFTER GETTING TO YOUR CHART PAGE.
CLICK ON THAT "f" ICON POINTED AT BY THE RED ARROW TO TAKE U TO WHERE YOU WOULD ADD INDICATORS
AFTER GETTING TO YOUR CHART PAGE.
CLICK ON THAT "f" ICON POINTED AT BY THE RED ARROW TO TAKE U TO WHERE YOU WOULD ADD INDICATORS
STEP 3
ON GETTING TO THIS NEXT PAGE
CLICK ON THAT MAIN CHART WINDOW ➕ SIGN
ON GETTING TO THIS NEXT PAGE
CLICK ON THAT MAIN CHART WINDOW ➕ SIGN
STEP 4
THIS WOULD NOW TAKE YOU TO WHERE YOU WOULD SEE ALL THE INDICATORS LISTED OUT.
SEARCH FOR MOVING AVERAGE AND CLICK ON IT
THIS WOULD NOW TAKE YOU TO WHERE YOU WOULD SEE ALL THE INDICATORS LISTED OUT.
SEARCH FOR MOVING AVERAGE AND CLICK ON IT
STEP 5
AFTER CLICKING ON THE MOVING AVERAGE.
IT WOULD TAKE U TO WHERE YOU CAN SEE THE SETTINGS FOR THE MOVING AVERAGE INDICATOR.
THERE YOU WOULD SEE THE VALUE OF THE PERIOD WRITTEN AS ""10""
THIS IS THE DEFAULT SETTINGS
CHANGE IT TO ""7""
ie Delete the "10" and type in "7"
AFTER CLICKING ON THE MOVING AVERAGE.
IT WOULD TAKE U TO WHERE YOU CAN SEE THE SETTINGS FOR THE MOVING AVERAGE INDICATOR.
THERE YOU WOULD SEE THE VALUE OF THE PERIOD WRITTEN AS ""10""
THIS IS THE DEFAULT SETTINGS
CHANGE IT TO ""7""
ie Delete the "10" and type in "7"
IT WOULD AUTOMATICALLY DRAW THE "7" PERIOD MOVING AVERAGE FOR YOU ON YOUR CHART AS SHOWN BY THE RED LINE
SO YOU DON'T HAVE TO CALCULATE ANYTHING, THE CHART HAS CALCULATED IT AND DRAWN IT FOR YOU.
SO YOU DON'T HAVE TO CALCULATE ANYTHING, THE CHART HAS CALCULATED IT AND DRAWN IT FOR YOU.
FOR THOSE HAVING TWO LINES
ONE CAME BY DEFAULT
THAT'S THE 10 MA
WE WOULD SEE HOW TO DELETE INDICATORS SOON IN THE QUESTIONS GROUP
ONE CAME BY DEFAULT
THAT'S THE 10 MA
WE WOULD SEE HOW TO DELETE INDICATORS SOON IN THE QUESTIONS GROUP
THE NEXT STEP IS TO GO BACK TO YOUR CHART AGAIN AND REPEAT FROM STEP 1 TO STEP 4
SO AS TO BRING YOU TO THIS SAME INDICATORS PAGE AGAIN
SO AS TO BRING YOU TO THIS SAME INDICATORS PAGE AGAIN
WHEN IT BRINGS YOU BACK HERE AGAIN
CLICK ON THE MOVING AVERAGE FOR THE SECOND TIME.
CLICK ON THE MOVING AVERAGE FOR THE SECOND TIME.
AS U DO SO IT WOULD BRING U BACK TO THE SETTINGS PAGE OF THE MOVING AVERAGE.
WHEN IT BRINGS YOU BACK THERE
REMEMBER YOU INITIALLY TYPED IN "7"
DELETE THE "7" AND TYPE IN ""14""
WHEN IT BRINGS YOU BACK THERE
REMEMBER YOU INITIALLY TYPED IN "7"
DELETE THE "7" AND TYPE IN ""14""
AFTER YOU HAVE CHANGED THE COLOR TO A DIFFERENT COLOR
DON'T TAMPER WITH ANY OTHER SETTINGS AGAIN.
LEAVE THEM AT DEFAULT AND CLICK ON DONE ABOVE AS POINTED AT BY THE RED ARROW
DON'T TAMPER WITH ANY OTHER SETTINGS AGAIN.
LEAVE THEM AT DEFAULT AND CLICK ON DONE ABOVE AS POINTED AT BY THE RED ARROW
The basic principle u have to note in Moving Averages, is that they work well in Trending markets
A Trending market is one that it's either moving upwards or downwards...
Not just sideways
Not just sideways
Hence Moving average works well, in this type of market..
So that u can correctly use it.
Because u would see most traders saying that MA is not working for them, without knowing that they used it in a wrong market condition
So that u can correctly use it.
Because u would see most traders saying that MA is not working for them, without knowing that they used it in a wrong market condition
U should note that The smaller the period of a Moving Average, the faster it is to react to the price
After inputting your "7" period MA and the "14" period MA in your Chart with different colors