Plot the Moving Average of the Daily Price Mid Point for shot periods of time. Great to give an idea if the daily price trend is below the daily curve or above the daily curve to give early indication of price momentum.
This proposition is interesting. But please clarify terms in the last sentence. Which line on the chart is the "daily price trend" and which is the daily "curve". Which is the moving average?
This proposition is interesting. But please clarify terms in the last sentence. Which line on the chart is the "daily price trend" and which is the daily "curve". Which is the moving average?
Jack