RE: Beginners Questions
(2016-10-05, 03:14 PM)isatrader Wrote:(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.
Thank you so much!