By plotting the average price over the last several candles, the line is less “jerky” than plotting the actual prices.
In the triple crossover method, a bullish signal is generated when a faster-moving average crosses above an intermediate moving average which in turn crosses above a slower moving average.
In this state, the price is likely in an established uptrend.
The opposite is true when the faster-moving average crosses below the intermediate moving average which in turn crosses below the slower moving average., triggering a bearish event.
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