Hi there,
I need help to understand something (on horse racing) in the chart - Last Traded Price With Moving Averages - which line is the back and the lay side, the blue or the grey one?
Thank's
BA Chart Horse Racing
the lines are moving averages of last traded price LTP.
moving average is an indicator showing the average value of last traded price over a set period. In default settings for the set period is 21 and 50. So you have 2 moving averages. Look at chart settings. And do a bit of home work before asking such questions. These knowledge are very very basic for a trader.
moving average is an indicator showing the average value of last traded price over a set period. In default settings for the set period is 21 and 50. So you have 2 moving averages. Look at chart settings. And do a bit of home work before asking such questions. These knowledge are very very basic for a trader.