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Michel,
I use expo-smoothed fibonacci moving averages. I build a template of 13,
21, 34, 55, 89, and 144 day averages and apply it to all my charts,
everyday. These averages serve as major support and resistance areas.
After observing them, daily, for the past four months, I'm beginning to
understand them better. What's to understand about moving averages? There
are some really great nuances that make the avgs. very interesting and
extremely helpful. Attached is a wheat chart that has the template.
Steve Karnish
CCT
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> From: Michel Dussault <mdussault@xxxxxxxxxxxx>
> To: Metastock <metastock@xxxxxxxxxxxxx>
> Subject: Different moving averages.
> Date: Friday, January 29, 1999 3:52 AM
>
> Jim, Guy & all,
>
> Thanks for sharing your observations on preferred MA.
> What do you think about using the exponential MA (The method used to
> calculate an exponential moving average puts more weight toward recent
> data and less weight toward past data than does the simple moving
> average method. This method is often called exponentially weighted.)
> vs using the Simple MA.
>
> -----Original Message-----
> From: Guy Tann <grtann@xxxxxxxxxxx>
> >In the past, we've found that 14 day and 50 day moving averages
> worked best
> >with a lot of our indicators.
>
>
> >> -----Original Message-----
> >> From: owner-metastock@xxxxxxxxxxxxx
> >> On Behalf Of Jim Greening
>
>
> >> As just about everybody knows by now, I use trend channels for
> that
> >> <G>. In the past I also used moving averages, buying on crossovers
> of the
> >> 21 day moving average as long as the crossover was in the direction
> of the
> >> 55 day moving average.
>
>
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