centered moving averages

["Walter Lake" <wlake@xxxxxxxxx>]

Thanks for the emails

http://www.duke.edu/~rnau/411outbd.htm

This page and the downloadable workbook should help you out. It has the
formula for the centered moving averages. Look at the X-11 materials to see
how they are used. They use 3x3, 3x5, 3x7, and 3x9 averages.

Even though this workbook is for monthly data, seasonality can be examined
in weekly, daily and inter-day data. Trading opening ranges etc. is a form
of trading on seasonality.

It also has an interesting use of "bootstrapping".

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Most traders look at the observable in time series price data. The
"unobserved" parts of time series are just as important. Trend is analyzed
in TA because it is easily observed, however there are the "unobserved"
trend aspects to be analyzed.  As you mentioned stochastic trend and
deterministic trend make interesting analysis.

Best regards

Walter