Plz can someone explain to me how to use these tools and what is the difference between them. I have been looking at the price charts and have seen a trend when the red crosses the green and when green crosses the red. thanks
yes thank you Simon. I ask because I see a diffence when using each one, therefore I ask, so that I can choose which one to use. The trends point to the same, the difference is in the timing of when to enter the trade.
The moving average is the most commonly used technical indicator in the world; this is often used in conjunction with other indicators. To calculate a moving average on a data stream (such as a series of daily share prices), it is necessary first to decide on its period. The shorter the period the more sensitive the signals. The EMA and WMA are just fine tuning of the MA I guess. Simon's Lazy system uses the EMA if I am not mistaken.