Moving Average Oil Technical Analysis & Moving Average Crude Oil Trading Signals
An indicator that calculates the average value of crude oil prices (or any specified data series) over a predetermined period of time.
The only significant difference between the various types of MAs is weight allocated to the most recent data. Simple moving averages apply equal weight to the crude oil prices. Exponential & weighted averages apply more weight to recent crude oil prices.
Explanation
The most popular method of interpreting the MA is to compare the relationship between the MA of the crude crude oil price with the crude crude oil price itself. A buy oil signal is generated when the crude crude oil price rises above its MA and a sell oil signal is generated when the crude crude oil price drops below its Moving Average.
MA Indicator
Buy & Sell Oil Trading Signals generated by MA crossing above or below the crude crude oil price action.
Moving Average Crossover Oil Trading Strategy
Also popular are various types of moving average cross over systems. Such systems often include 2 or more moving averages crossing above/below each other & perhaps even utilizing other indicators as additional entry & exit confirmation signals. The combinations of conditions for these types of systems are almost limitless.
Moving Average Crossover System
