Question: What is Moving Average (MA) Indicator on Deriv's DTrader? How does it work?
The Moving Average (MA) helps to identify the overall market trend by filtering out short-term price fluctuations.
Using historical data, it calculates the average price over a specific period and plots a line on the chart.
If the MA line moves upwards, it’s an indicator of an uptrend, a downtrend if it moves downwards.
A buy signal occurs when the price moves above the MA line.
On Deriv’s DTrader, you can use Moving Average (MA) for free and apply it on any chart you want.
To log in to Deriv’s DTrader, go to Deriv Official Website.