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The Moving Average indicator is one of the basic technical analysis tools in Forex trading. Big part of the known Forex indicators are based on Moving Average calculations. This is why it is essential that you understand the Moving Average method and the way you can use it to visualize different chart time frames.
The four most popular Moving Average types are:
– Simple Moving Average (SMA)
– Exponential Moving Average (EMA)
– Weighted Moving Average (WMA or VWMA)
– Smoothed Moving Average (SMMA)
Throw a quick look at this 2-minute video and learn the fundamentals behind the Forex Moving Average. This will definitely help you perceive chart time frames in a better way!