Buff Up Your Moving Average by Buff Dormeier
ARTICLE SYNOPSIS ...Moving Averages On Steroids
Buff Up Your
by Buff Dormeier
Want better results? Combine your moving averages with
volume and see what happens.
Why should technicians only consider
and time in forming price
averages? The averages I use enhance
performance by modifying
the simple moving average with volume information.
Volume represents the number of participants willing to
wager at various points of price and time. My price averages
measure the commitment expressed through a close,
weighted by that day's volume compared to the total volume