1, whether it is a market or a stock, there will be an average after running for a period of time. The so-called moving average is to average the securities prices (indexes) in a certain period and connect the averages at different times to form an average MA, which is a technical index used to observe the stock price trend. The commonly used moving averages (MA) are 5 days, 10 days, 20 days, 30 days, 60 days, 120 days and 240 days. Every moving average on market tools will be marked with a different color. The default is a combination of seven colors, which is very similar to the color of a rainbow. Therefore, these seven moving averages are also called colorful detailed cloud moving averages. Each EMA represents a different meaning.

2. Among the seven EMAs, the short-term EMAs on 5th and 10 are the reference indicators for short-term operation, which are called EMAs (short-term EMAs); 20 days, 30 days and 60 days are medium-term moving average indicators, which are called quarterly moving average indicators (median moving average indicators); 120 and 240 days are long-term moving average indicators, which are called annual moving average indicators (long-term moving average indicators).