In this video I’ll cover the details of working with the 5-day moving average, including how it differs from the 5-period moving average, how to calculate the average and I’ll also address a common question as it relates to why you may not see the 5-day moving average on your chart.
The 5-day moving average is based on the work of Brian Shannon, CMT, of Alphatrends.net. Brian is the creator of the anchored VWAP (AVWAP) and the author of two best-selling books on technical analysis. Here is a link to the article shown in the video: The 5 Day Moving Average.