RE: Stage Analysis Beginners Questions
New to this thread. Need clarity on Weinstein MA..... I just deep dived his book and was impressed by his system. However, I need help in re to clearing up his MA methods. Heres my questions, I would appreciate any insight on this:
1. He uses a 30 week WMA in the book. I use bigcharts.com. They don't have a WMA option, only EMA & SMA. Also they require you to put in days, not weeks. Therefore, should I be using 150 days and go with EMA or SMA? .... I googled and found conflicting info on this. Some say you should use 200 EMA b/c that would be closest to a 30 week WMA. This site is the best I've come across, so I'm assuming members in here can clear this up.
2. wouldn't EMA be a more accurate method projecting forward on buys w/ stocks as opposed to SMA?
3. is WMA still used by many or is it a dated method back to the publishing period of the book? is it any better then EMA or SMA?
4. on bigcharts.com, if I want to look at a weekly chart instead of a daily, then do I need to go back and use the 30 week number on the EMA chart as opposed to 150 or 200 day since its a weekly chart?
5. finally, are there better free charting services then bigcharts.com that anyone would recommend?
thanks for any help