Just updated the MA width indicator chart for yesterday's closing.
These images clearly show the dispersion of the moving average - how market participation is, whether the trend strength is sufficient, and where the long-short divergence lies, making it basically easy to understand.
For friends who like to make judgments based on technical analysis, MA breadth is a quite practical reference dimension. After all, looking at price trends alone can sometimes miss some details, and combining it with breadth indicators can provide a more comprehensive understanding of the current market structure.
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PanicSeller
· 12-02 14:58
Wow, this indicator is really amazing; you can clearly see who is speaking between the bulls and bears.
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wagmi_eventually
· 12-02 14:57
The width of MA, to be honest, needs to be looked at in conjunction with other indicators; looking at it alone is easy to get overly excited.
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RugDocScientist
· 12-02 14:48
I have been using the MA width for half a year. To be honest, the graphical representation is indeed much more reliable than just looking at the Candlestick. The bullish and bearish divergences are very clear.
Just updated the MA width indicator chart for yesterday's closing.
These images clearly show the dispersion of the moving average - how market participation is, whether the trend strength is sufficient, and where the long-short divergence lies, making it basically easy to understand.
For friends who like to make judgments based on technical analysis, MA breadth is a quite practical reference dimension. After all, looking at price trends alone can sometimes miss some details, and combining it with breadth indicators can provide a more comprehensive understanding of the current market structure.