Why Moving Averages Are So Easy to Use

Because it is an average line, it has exactly the same meaning as Dow Theory

Therefore, when you include the envelope, there is a part where it is easier to identify the Dow Theory pattern

Also, with moving averages, if it deviates, it is immediately reflected by the average line

The more you think about analysis from a mechanical point of view, the more “useless” it becomes

That is because there is no such thing as absolute in that analysis itself and it cannot exist

In the sense that there is a holy grail in the market

It is only a pseudo holy grail that changes depending on who uses it

In the end, the holy grail

is merely a logic that is extremely convenient for one's positive analysis and negative analysis; that's all

That is why it becomes the appropriate logic for a market view

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