VOGAZ - Technical Analysis Tool and Charting Software

VOGAZ  - Technical Analysis Tool and Charting Software
VOGAZ- A Technical Analysis Tool and Charting Software for Stock, Forex & Commodity Market Investors and Traders.

Tuesday, February 7, 2012

Triangular Moving Average




Triangular Moving Average
Triangular Moving Average give more weight tothe price in the middle of the moving average periods. A Moving Average is mostoften used to average values for a smoother representation of the underlyingprice or indicator. They are actually double-smoothed simple moving averages.The periods used in the simple moving averages varies .
Moving averages are used to helpidentify the trend of prices. Bycreating an average of prices, that "moves" with the addition of newdata, the price action on the security being analyzed is “smoothed".
In other words, by calculatingthe average value of a underlying security or indicator, fluctuations arereduced in importance and what remains is a stronger indication of the trend ofprices over the period being analyzed

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