This article was first published on Blog – Investing stock online.
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
Binary options trading platforms like ExpertOption provide several useful technical analysis tools and indicators for all its traders. Technical indicators are computerized algorithms that use historical and current data to forecast probable future price movements. Their computerized nature means they’re superfast. This alone makes it easy for the savvy trader to capitalize on the feedback they provide and make huge profits.
Typically, a useful technical analysis indicator should make it easy for you to predict the direction price movements will take. But to make good use of an indicator, you must first know how to set it up on your trading charts and read the signals it provides.
This guide will look at the moving average technical indicator when applied to the ExpertOption trading platform.
What is the moving average indicator?
This indicator tracks price movements. Its main purpose is to show the average price of the asset at a certain moment.
For example, if you’re monitoring the ...
To keep reading this article, please navigate to: Blog – Investing stock online.