 Gold Customer
Joined: 12/7/2004
Posts: 4
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I notice when the Wordens do analysis that sometimes they use simple moving averages (like 50day, 200day etc.) and at other times use exponential. I've tried to figure out the logic when they use each but have been unable to. Is there criteria that they or others doing tech analysis in the markets use to determine which to use when?
Thanks
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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It is truly a matter of personal preference. An exponential average gives more weight to the nearer term data, while a simple average gives equal weight to all data points.
I will move this post to the Stock and Market Talk forum, where perhaps others out there will throw in their two cents as to why they prefer one over the other.
- Doug
Teaching Online!
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