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Thread: Exponential Moving Average

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09-28-2004, 07:09 AM

scorpion

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As far as I know, most MAs (SMA, EMA, and WMA) give very late signals. You see nice crossovers on chart, but the actual price has moved up or down 50 pips already. If you choose lower MA, let say 5 and 13, whipsaws will increase like stars at nite. Not only whipsaws kill our profit alone, but also spreads.

Good luck,
Scorpion

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