RE: Beginners Questions
(2016-10-05, 02:35 PM)Geester Wrote: Hello there,
New to trading but found, bought and read Weinstein's book and really like it. I'm currently looking at software to help with the charting and one I've looked at (and like) only allows you to specify MAs in days.
To achieve the 30 & 10 week MAs, should multiple the weeks required by 5 or 7 days?
Many thanks indeed.
Trading days are 5 days a week, so the daily MA equivalents to use are the 50 day MA for the 10 week and the 150 day MA for the 30 week.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.