Moving Average Gold Trading Strategies
- Gold Price Period of Moving Average
- SMA, EMA, LWMA and SMMA
- Moving Average Gold Trend Identification
- MA Whipsaws in Range Market
- Moving Average Crossover Method
- Moving Average Support and Resistance
- How to Choose a Moving Average
- Short-Term and Long-Term Setups
- 20 Gold Trading Pips Gold Price Range Strategy
About the Moving Average Gold Trading Strategy
Gold Moving average is one of the most widely used Gold Trading Indicator because it is simple and easy to use.
This Gold Trading Indicator is a gold trading trend following indicator that is used by Gold traders for three things:
- Identify the beginning of a new gold trading market gold trading trend
- Measure the sustainability of the new gold trading trend
- Identify the end of a gold trading trend and signal a reversal gold trading signal
The Gold Moving Average or Gold MA is used to smooth out the volatility of gold trading price action. The MA is an overlay gold trading technical indicator and it is placed on top or superimposed on the gold trading price chart.
On the example gold trading chart below the blue line represents a 15 period MA, which acts to smooth out the volatility of the gold trading price action.
Gold Moving Average Technical Gold Trading Indicator - MT4 Gold Trading Chart Indicators
Calculation of the Moving Average
The Gold Moving Average is also known as MA - is calculated as an average of gold trading price using the most recent gold price data.
If the MA uses the 10 period to calculate the average of the gold trading price then it is referred to as a 10 period gold trading moving average, because most gold traders use the day as the standard gold price period we shall just refer to it as the 10 day MA.
To calculate the ten day MA the gold price of the last 10 days is averaged, the gold trading moving average indicator is then updated constantly after every new gold trading price period. So after every new gold trading price period is formed the moving average is then calculated afresh using the most recent 10 gold trading price periods, that is why it is called a moving average because the average is constantly moving when gold trading price data is updated.