# AW | Institutional Moving Averages

## Description

This indicator, named "AW | Institutional Moving Averages", allows users to plot four moving averages with adjustable lengths and types (SMA, EMA, WMA) on their chart.

Moving Averages are used to identify trends and reversals, smooth out price action, and filter out the noise.

## Inputs

**Length of Fast Trend**- The length of the first moving average. The default value is 21.**Length of Short Term Trend**- The length of the second moving average. The default value is 50.**Length of Medium**- The length of the third moving average. The default value is 100.**Term Trend****Length of Long**- The length of the fourth moving average. The default value is 200.**Term Trend****Type of Moving Average**- The type of moving average to be used (Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA)).

## How it works

Based on the chosen length and type, four moving averages are plotted on the chart. These lines smooth out the price data over time, showing the average price over the chosen number of periods.

**Blue Line**- Represents the moving average of chosen type over the period defined in "Length of**Fast Trend**".**Red Line**- Represents the moving average of chosen type over the period defined in "Length of**Short**".**Term Trend****Green Line**- Represents the moving average of chosen type over the period defined in "Length of**Medium**".**Term Trend****Purple Line**- Represents the moving average of chosen type over the period defined in "Length of**Long**".**Term Trend**

## How to use

Moving Averages can be used to identify potential buying and selling opportunities.

**Trend Identification**- The direction of the moving average (upward, downward, flat) indicates the trend. If the moving average is rising, the trend is up. If it's falling, the trend is down.**Price Crossovers**- Buy when price moves above the moving average from below. Sell when price moves below the moving average from above.**MA Crossovers**- Buy when a shorter length moving average crosses above a longer length one (e.g., MA1 crosses above MA2). Sell when a shorter length moving average crosses below a longer length one.

Please note: It's important to use the Moving Averages in conjunction with other forms of technical analysis to maximize the odds of trading success. Always implement proper risk management strategies.