Visiting MOMA by Stephan Bisse
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:2 (22-27): Visiting MOMA by Stephan Bisse
Give your moving averages a head start with move-adjusted moving averages.
The most popular of all technical indicators may be the moving average. The backbone of many trading systems, moving averages are great for filtering out the noise from time series and showing the underlying trend of where the time series has been.
By definition, however, moving averages on their own can never say anything about the future direction of a time series, regardless of the lookback period used or any standard adjustments or weightings ap...