Posted On: 12/30/2013 11:55:03 AM
Post# of 63866
And here is how I look at & use moving averages.
Look on the chart at which ones I use.
Look on the chart at which ones I use.
Moving Averages
Exponentially weighted moving average (EMA, EWMA)
This kind of moving average solves both problems associated with simple moving averages. Firstly, it allocates more weight in its computation to recent data. It also to some extent reflects all the historical data for the particular instrument. This kind of average is named according to the fact that the weights of data towards the past decrease exponentially. The slope of this decrease can be adjusted to the needs of the trader.
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