Moving Average Bitcoin Trading Strategies
- Bitcoin Price Period of Moving Average
- SMA, Exponential Moving Average, Linear Weighted Moving Average and SMMA
- Moving Average Bitcoin Trend Identification
- MA Whipsaws in Range Market
- Moving Average Crossover Method
- Moving Average Support and Resistance
- How to Choose a Moving Average
- Short Term and Long Term Setups
- 20 Bitcoin Pips Price Range Strategy
About the Moving Average Strategy
Bitcoin Moving average is one of the most widely used Indicator because it is simple and easy to use.
This Indicator is a bitcoin trend following technical indicator that is used by Bitcoin traders for three things:
- Identify the beginning of a new cryptocurrency trading market trend
- Measure the sustainability of the new bitcoin trend
- Identify the end of a bitcoin trend & signal a reversal bitcoin trading signal
The Bitcoin Moving Average or Bitcoin Moving Average is used to smooth out the volatility of bitcoin trading price action. The Moving Average is an overlay cryptocurrency indicator & it is placed on top or superimposed on the bitcoin trading price chart.
On the example cryptocurrency chart below the blue line represents a 15 period MA, which acts to smooth out the volatility of the bitcoin trading price action.
Bitcoin Moving Average Technical Cryptocurrency Indicator - MT4 Cryptocurrency Chart Indicators
Calculation of the Moving Average
The Bitcoin Moving Average is also known as Moving Average - is calculated as an average of bitcoin trading price using the most recent bitcoin trading price data.
If the Moving Average uses the 10 period to calculate the average of the bitcoin trading price then it is referred to as a 10 period bitcoin trading moving average, because most traders use the day as the standard bitcoin trading price period we shall just refer to it as the 10 day Moving Average.
To calculate the ten day Moving Average the bitcoin trading price of the last 10 days is averaged, the bitcoin trading moving average indicator is then updated constantly after every new bitcoin trading price period. So after every new bitcoin trading price period is formed the moving average is then calculated afresh using the most recent 10 bitcoin trading price periods, that is why it is called a moving average because the average is constantly moving when bitcoin trading price data is updated.