Help us make better tools for you!. Read more (Published: 2017-01-12)
Why correct moving average matters
Below is attached 2 to different moving averages for the last 3 months of GoPro. [GPRO]
In the images you can see 8 different way of calculating moving average and the return given from each method. In one example we use MV7 (Moving average for 7 days) and in the other MV35.
Any moving average you use should be dynamically calculated to make sure you use the correct moving average. In addition the correct mv method should be selected. Simple moving average [SMA] or Weighted Moving Average [WMA] etc etc.
Some methods may work well in a rising market (trend), but not in a falling trend. In our charts and system we use dynamically selected MV's and are working on providing you even more and better information on how you can trade using MV as one your strategies.
We hope you find this little sample interesting and keep supporting our work so we can grow and push our products to you even faster.
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