SMI MTF 4-Colored MAs (jkf)

2022년 4월 18일

Four linear moving averages of varying frequency. Reading the moving averages is an art. If looking at a Daily price chart (for example):

For bullish trades, I like to see the yellow (longest term) moving average moving higher, but timing can be improved by respecting the shorter term lines, especially the black (shortest term).

For further support of your hypothesis, switch the frequency to Weekly, and validate that is supportive as well.

Warning: "Lookahead" is set to on, so large price swings can alter prior day readings.