Exponential moving averages

hey there............

I use EMA's sometimes but dont know the exact formula(s) and I dont care....

the important thing is to understand what it is doing and test it to see if that is what floats your boat ........or not !

N
 
hey NVP....
why only sometimes?

He's said.

It floats his boat, sometimes. There is no reason for it, it just looks good, probably because it has repeated its performance several times and gives an impression that it may happen again.

That is all there is to any indicator.
 
seriously. I'm not being facetious.
can you answer that question ? why ?

my bet is that having to think about the answer will lead you to drop the indicator
 
The guy want just to start learning. Do not push him into deep water it is too early for him. Moving averages are the basic indicators which are used in many other indicators.
 
Top