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Hello,
This guy I know has been watching the Oliver Velez videos (have you seen
them?), and consequently wants me to program 40-day and a 20-day simple
moving averages for the web site.
Now we all know that there's nothing magic about these particular averages.
They look great on the videos, on those particular stocks, but other stocks
probably would fit better with different periods. But I'd like to give him
what he wants.
Unfortunately a Simple average is not so simple to calulate. An Xma is much
easier. So I was wondering if anybody knows generally how the periods would
compare to get a roughly equivalent. For example, I know that a 65-period
Xma is "about" equivalent to a 50-period simple average.
Thank you,
Phil
www.gigascanner.com
www.gigastockpicks.com
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