What is 44 Moving average and how to find the stocks which are near 44 Moving average?
What is Average? A figure obtained by adding quantities/values and dividing the total by the number of quantities/values What is Moving Average? A moving average can be calculated in several ways. Every day, the 5 day simple moving average (SMA) adds the five most recent daily closing prices and divides the total by five to calculate a new average. Each average is connected to the next, resulting in one flowing line. What is 44 Moving Average? The 44 moving average is the average of the previous 44 candles formed on various time frames. It could be 1 minute, 5 minutes, 10 minutes, 15 minutes, or half an hour one day, week, or month. 44 moving average strategy works best when: When the 44 moving average keeps rising For buying, a green candle formed above the 44 MA. Short sell red candle formed below 44 MA Stocks in the Nifty 500 index When a stock is traded in huge volumes How to find stocks which are near 44 moving average? The most difficult part is to find the stocks which are n