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

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"

CLICK ON ""DONE"" WRITTEN ABOVE AFTER YOU ARE THROUGH

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.

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

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

WHEN IT BRINGS YOU BACK HERE AGAIN

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""

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

The basic principle u have to note in Moving Averages, is that they work well in Trending markets

So how do we trade with Moving Averages

What is now a Trending market

A Trending market is one that it's either moving upwards or downwards...

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

The. 1st is to easily identify the start of a New move and ride it

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

The 7 period is called the fast moving MA

The 14 MA is slower than it hence called the slow moving MA

Also the larger the period of a Moving Average ,the slower it is to react to the price

So as u insert your MA to the Charts,

U watch and wait to see the time when the fast MA on your Chart (it depends on the one u added)..

So you watch and wait when the fast MA on your Chart crosses the Slower moving MA