Adding Volume To The Move-Adjusted Moving Average by Stephen Bisse
ARTICLE SYNOPSIS ...Stocks & Commodities V. 23:3 (38-41): Adding Volume To The Move-Adjusted Moving Average by Stephen Bisse
In this second article of the series, we look at how adding volume can help identify large moves in one
In "Visiting MOMA," my previous Technical Analysis of STOCKS & COMMODITIES article, a simple moving average (SMA) was adjusted by the relative magnitude of the change between closes to create a move-adjusted moving average (MOMA). The reasoning behind this adjustment was that moving averages on their own can, by definition, never say anything about
the future direction of a t...