Trading With the Moving Average on the M15 Time Frame

Moving averages are very popular because of their ease of use and their many uses when trading. However, there are a number of popular simple moving averages, each of which will be dictated by the trading style and preferred time frame when trading. A smaller, faster Simple Moving Average as an entry trigger and a longer, slower moving average as a clear trend filter.

Moving averages are easy to use and effective in identifying corrective trends, ranges or environments. Often traders will use more than one moving average because two moving averages can be used as trend triggers. In other words, when the moving average is longer and slower, it can be seen as a cue to enter a long position. The long trading bias remains until the moving average reverses or the target is reached.

Functions of the Moving Average Indicator

1. Refine price movements within a certain timeframe, making it easier to identify trends or the direction of price movements.

2. As a reference for determining support and resistance

3. As a reference for buying and selling with the moving average cross.

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