Hello everyone, I am currently searching for a satisfactory answer which I can't find after searching the internet for hours.
Currently I am going to try a new system that uses Simple Moving Averages crossovers.
But before that, I want to make sure that what I am thinking is correct.
From what I understand so far, the Simple Moving Average will move up and down when the price bar is still forming.
Once the price bar is closed or formed completely, the Simple Moving Average will stay there and won't move.
In conclusion, Simple Moving Average ONLY moves up and down IF the price bar is MOVING, it won't move for closed price bars.
It is a non-repant, it only repaint during the formation of a price bar.
Correct me if I am wrong, thanks in advance!
Currently I am going to try a new system that uses Simple Moving Averages crossovers.
But before that, I want to make sure that what I am thinking is correct.
From what I understand so far, the Simple Moving Average will move up and down when the price bar is still forming.
Once the price bar is closed or formed completely, the Simple Moving Average will stay there and won't move.
In conclusion, Simple Moving Average ONLY moves up and down IF the price bar is MOVING, it won't move for closed price bars.
It is a non-repant, it only repaint during the formation of a price bar.
Correct me if I am wrong, thanks in advance!