Moving Average Trend Line Extensions
This work is protected by copyright laws and is provided for educational instruction only. Any infringing use may be subject to disciplinary action and/or civil or criminal liability as provided by law.
Combining Art with Science a new way to enhance moving averages is by extending portions of them with trend lines fitted to mostly straight areas of moving averages that normally curve and oscillate with price movements. Not only extending just one straight line but cloning the original line and then finding another anchor point at a nearby H or L price point or another mvg avg often gives a new turning point and trade opportunity!
. This work is protected by copyright laws and is provided for educational instruction only. Any infringing use may be subject to disciplinary action and/or civil or criminal liability as provided by law.
Combining Art with Science a new way to enhance moving averages is by extending portions of them with trend lines fitted to mostly straight areas of moving averages that normally curve and oscillate with price movements. Not only extending just one straight line but cloning the original line and then finding another anchor point at a nearby H or L price point or another mvg avg often gives a new turning point and trade opportunity!
. This work is protected by copyright laws and is provided for educational instruction only. Any infringing use may be subject to disciplinary action and/or civil or criminal liability as provided by law.
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Further pushing this concept could be the use of linear regression lines drawn on moving averages to extrapolate extended trendlines.