Hi everyone. I have been thinking about the reason(s) behind our use of MOVING AVERAGES. Why do we use the parameters we use etc...?
Why do you use SMA instead of EMA,SMMA or WMA? And what is a EMA or SMA ( I don't mean the full of the abreviation), actually...what does it do?
why slow EMA, fast EMA and MACD SMA? Why is MACD not available in Fast and slow (SMA,SMMA or WMA)?
What are you tyring to achieve using SMA, EMA, WMA or even SMMA? What are these tools really designed for/to achieve etc...?
I know MOVING AVERAGES are basically used to average x numbers of candles, I believe there's still more. I will be happy IF those with vast indicator knowledge data base can help answer my questions.
Am onto something.
Why do you use SMA instead of EMA,SMMA or WMA? And what is a EMA or SMA ( I don't mean the full of the abreviation), actually...what does it do?
why slow EMA, fast EMA and MACD SMA? Why is MACD not available in Fast and slow (SMA,SMMA or WMA)?
What are you tyring to achieve using SMA, EMA, WMA or even SMMA? What are these tools really designed for/to achieve etc...?
I know MOVING AVERAGES are basically used to average x numbers of candles, I believe there's still more. I will be happy IF those with vast indicator knowledge data base can help answer my questions.
Am onto something.