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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.