vendredi 16 septembre 2016

2 charts with 50 day MA but different trendlines

Hi, here are 2 charts, 1 min and 5 mins, with a 50 day MA.

Why does the 50 day MA look different on both charts?

I'm guessing the software is only showing 50 day MA based on the 1 min and 5 min time frames, which is confusing as I assumed a 50 day MA would be based on an avg of closes over 50 days?

Click the image to open in full size.screen shot on pc


2 charts with 50 day MA but different trendlines

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