Question about moving averages

Yes, the 200day is an important MA for many reasons as stated above. However, if you use a weekly and adjust the input to make it a 200 day, it will be slightly different. Likewise, the exponential and the simple differ slightly also, about the same amount of "slack".

As a matter of practicality, I would put the daily 200 day at a dotted or dashed line, and keep the weekly as solid lines, for ease of viewing.

Or I would put in the 200day bars in the chart, but as hidden, and then a visible 200 day overlaying the weekly bars.

Lastly, consider not only the 200MA slope, but also delta between the price and the MA. It is easy to create an indicator for that.

Hope that helps
 
KGTrader4 said:
The thing is though, if I’m on a weekly chart, the MA set to 200 will show me a 200 week MA. This doesn’t “feel” right to me. Should I be setting the MA to 30, which would give me a 30 week MA, essentially, a 200 DAY MA?
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It's not "200 day" but "200 period" moving average. So, in your case, you're looking at the average of the previous 200 weeks (roughly 4 years).
 
Only benefit is, like what was posted, to see what the herd is following, 50/200SMA.

Main thing I've found useful on daily candle charts eg 90d is expanding ranges.... bigger daily green candles in an uptrend are often worth trading. It's all about range Increasing, eg traders voting with price action.

And of course engulfing/hammers/shooting stars for reversals.

A really good pivot setup is to see a selloff, accompanied by ever-smaller candles, bc they often flip back up.


Badness' point about Slope of ma is a particularly smart, and correct observation
 
~Moving~ .Averages.
Trading just by following and tracing past lines....is only a small part of the overall trading, success, equation storm.
All those, rather, blind and simple indicators work -- Until it doesn't. Then you're back to Square 1, trying to solve the market mystery puzzle, while looking at your losing or breaking-even trading account.
 
If you are going to use MAs, then you should learn to engineer them a bit. The work you want to look at is by John Ehlers.

The biggest downside to MAs is group delay, commonly called lag. There are ways a reducing lag, but that typically comes at a cost of reducing attenuation ability.
 
Bad_Badness said:
Yes, the 200day is an important MA for many reasons as stated above. However, if you use a weekly and adjust the input to make it a 200 day, it will be slightly different. Likewise, the exponential and the simple differ slightly also, about the same amount of "slack".

As a matter of practicality, I would put the daily 200 day at a dotted or dashed line, and keep the weekly as solid lines, for ease of viewing.

Or I would put in the 200day bars in the chart, but as hidden, and then a visible 200 day overlaying the weekly bars.

Lastly, consider not only the 200MA slope, but also delta between the price and the MA. It is easy to create an indicator for that.

Hope that helps
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Thanks, pretty much what I’ve done. I have the 30 week, and the 200 day, just different colors to differentiate. And yeah always note the slope
 
maxinger said:
many people don't like to hear this;
SIMPLY remove all MAs.

Why. Again many people don't want to comprehend these and
many people wouldn't listen to these ;

The market moves in various
manner / fashion / pattern

Sometimes, it moves slower than a snail.
Sometimes, it moves faster than a hypersonic missile.




Anyway, many people will add more and more and more MAs
(and more and more indicators)
until they can't see the price / candlesticks.
In fact, this was what my trading coaches ( hopeless unsuccessful traders actually)
did.


many people simply like Guppy's MAs plus many many others.
and they will continue with the MA exploration till they are bankrupt.

Good Luck
and best wishes for your MA exploration.
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I had 4 or 5 MAs on my charts, and yeah it was messy. So now I have 2 and it looks clean and easier to look at price. So I get what you are saying.

still I find the MAs useful, for perspective if nothing else.
 
deaddog said:
Weinstein uses 10 and 30 week ma's
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My interest in looking at the weekly charts actually arose from a video I watched…interview with Justin Smyth who is a trader that uses Stan Weinstein’s stage analysis methodology to trade.
 
I find ma's critical, but mainly to analyze the relationship between different ma's and of different time frames. I've found ma's alone to be fairly non-enlightening most of the time. Also, I find weekly charts a significant leap from daily charts. I would suggest 2-day or 3-day charts etc. before that, but I realize not all chart configurations provide these options.
 
KGTrader4 said:
I had 4 or 5 MAs on my charts, and yeah it was messy. So now I have 2 and it looks clean and easier to look at price. So I get what you are saying.

still I find the MAs useful, for perspective if nothing else.
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right.
a simple chart is the best.

I just use zig-zag line for simplicity.
 
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