![]() Not only are MAs used as stand-alone trading indicators and technical analysis tools, but they are also incorporated within other trading indicators, such as within Bollinger Bands. One of the most popular indicators across all markets is the Moving Average (MA). However, to maximize the effectiveness of moving averages, a trader should backtest as much as possible. For example, if we are looking at a daily Bitcoin chart with the 20 MA applied, we’re going to see what the average price is over the last 20 periods, i.e., the previous 20 days, hours, minutes, or other set period.įor the sake of this article, we’re going to keep this simple.The moving average (MA) is a calculation of the average price that an asset is trading at over a set period.Using Moving Average (MA) Indicators on Phemex.The Best Moving Average Indicator For Day Trading: The Moving Average Crossover.
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