Technical Analysis of STOCKS & COMMODITIES
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A simple variation of the moving average by Peter Aan
ARTICLE SYNOPSIS...A simple variation of the moving average by Peter Aan
General description: The Moving Average Direction System is trend-following; always in the market.
Originator: Peter Aan
Advantages: Profits from most significant trends; entry technique eliminates
ARTICLE SYNOPSIS...Anyone who calls him- or herself a chartist knows about Joseph Granville and on-balance volume. Here is a variation on his original formula, applied to Bema Gold.
SIDEBAR: AN MACD VARIATION by Technical Analysis, Inc.
ARTICLE SYNOPSIS...AN MACD VARIATION by Technical Analysis, Inc.
The method used is a variation of the original moving average convergence/divergence (MACD) indicator.
Longer-term exponentially smoothed moving averages (EMA) have been used in the calculation of the
MACD.