A successful A9 trader has thoroughly explained 'Using Moving Averages for Swing Trading'

Never missed a target, truly a unique skill.

Moving averages are the simplest indicator, yet the most classic; they represent the average price over N periods, reflecting the current average price of the market and indicating whether the current position is bullish or bearish.

1. What is a Moving Average?

Moving Average: Also known as the moving average line, it is the average of the closing prices of the stock (or cryptocurrency) over the most recent N days, connected to form a moving average line.

The essence of moving averages is to reflect the average holding cost of the market and the price trend over a period of time.

Commonly used moving averages include:

MA5: Average cost over the last week

MA10: Average cost over the last two weeks

MA20: Average cost over the last month

MA60: Average cost over the last quarter

MA120: Average cost over the last six months

MA250: Average cost over the last year

Among these: MA5 and MA10 are short-term moving averages; MA20 and MA60 are medium-term moving averages; MA120 and MA250 are long-term moving averages.

In daily conversation, we often refer to the following terms:

Weekly line - MA5

Monthly line - MA20

Semi-annual line - MA120

Annual line - MA250