Moving Averages — Responsive and Smooth Indicator

Moving averages have a reputation of an entry-level tool with limited capabilities. However, when applied correctly, they are much more complex and useful than it may seem. Today we are taking a closer look at an interesting variation of moving average that can become a valuable addition to your personal arsenal of technical analysis tools. ALMA is a relatively new indicator, that has made its first appearance as recently as 2009. It can be used for all assets and on all timeframes. It can be found in the ‘Moving Average’ tab…

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