Different types of MA on the Binomo platform Simple moving average. The simple moving average, known as the SMA in short, expresses the average price data in a certain period.. Exponential moving average. Exponential moving average or the EMA has a smoothing effect as it puts more attention to the recent prices. The priority diminishes exponentially and is generally never exactly zero. Its combination with the Moving Average indicator is considered to be one of the best trading tactics among short term as well as long term traders worldwide. The moving average and stochastic oscillator combination can be a handy tool for traders, especially when they are using candlestick formations with it. Moving average indicators don’t predict where the prices will be going as it only ... The Moving Average Indicator. The Moving Average (MA) is one of the oldest technical analysis tools; it was even used before computers were invented. The main function of the MA is to sketch trends in the market, helping traders find trend-following entries. On the charts, the MA is displayed as a line that follows price action. It shows the ... The “Triple Line” strategy is a trading system that consists of three linear indicators. All the tools used are available in the standard range of trading platforms from Binomo. Therefore, you will not need to go to third-party services to trade using this strategy. This is very convenient for traders who prefer to open short-term trades. Then, wait for the signals from all 3 indicators. Also, they work best for the positions that are kept open for a long time. For example, if you are trading with the 5-minute candlesticks chart, you can hold your position open for 30 minutes or more. Use this effective strategy on your Binomo demo account first. After a while, you get ... In this article we will consider a simple strategy which is based on two lines of the Moving Average. The system is best suited for the Binomo trading platform, as it is aimed at short-term trading. The strategy is universal; however, the best asset for second charts is the Binomo cryptocurrency index – CRYPTO IDX. Any of these simple indicators can accurately determine short-term market movement trends and precisely indicate the time to enter the market with a trading position. So, having considered this technical analysis and the news section of the Binomo broker’s website, you can clearly see that these sections cannot be attributed to simple informational columns.
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