By combing the "Estimated MA" indicator together with the "Turbulence with direction" indicator, we can show estimated SMA lines (dotted lines) in the coming ten days. This bar replay shows how estimated SMA can be a useful tool for predicting price trends and crossover/crossunder of SMA lines.
Note that in a turbulence phase, price movement causes SMA line contraction. As a result, the congestion of SMA lines creates either support or resistance to price movement. In a trend, all SMA lines are following smooth paths in layers with little or no mixing the adjacent layers, which is very similar to laminar flow.
However, please note that a black swan event like a measuring gap is not predictable. In which case, the price rises more than 40% on Dec 8 and does not follow any estimated MA.
Note that in a turbulence phase, price movement causes SMA line contraction. As a result, the congestion of SMA lines creates either support or resistance to price movement. In a trend, all SMA lines are following smooth paths in layers with little or no mixing the adjacent layers, which is very similar to laminar flow.
However, please note that a black swan event like a measuring gap is not predictable. In which case, the price rises more than 40% on Dec 8 and does not follow any estimated MA.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.