資源描述：
《A Practical Guide to Technical Indicators Moving Averages.pdf》由會(huì)員上傳分享，免費(fèi)在線閱讀，更多相關(guān)內(nèi)容在學(xué)術(shù)論文-天天文庫(kù)。
1、APracticalGuidetoTechnicalIndicators;(Part1)MovingAveragesByS.AGhafariOverthepastdecades,attemptshavebeenmadebytradersandresearchersaimingtofindareliablemethodtopredictnextactionofthesecurities.Asaresultwehaveavarietyofdifferentfundamentalandtechnicalanalysismethodsandmanytheoriestoda
2、ythatreallywork.ForthefirstpaceIwanttodiscusstechnicalanalysiswhichisverypopularthesedays.Technicalanalysisisacommonmethodtoevaluatingsecuritiesanddeterminingthenextdirectionofthepricethroughusingchartpatternsandmathematicalindicatorsoracombinationofboth.Manybelievethatitisthemostreli
3、ablewaytofindouthowsupplyanddemandisgoingtobechangedandwhatisthelatestdecisionmadebymarketparticipants.Asamatteroffactalargeportionofmarkettradersprefertousetechnicalindicatorstoconfirmsuggestedchartpatternsortradingopportunities.Sometimesindicatorsactliketheyarecompletelywronginpredi
4、ctingorconfirmingthedirectionofthemarket.Isitbecausetheyareabsolutelyuselessormaybeyoureadtheminawrongway?Theansweris,sometimesthemarketenvironmentisnotsuitableforaparticularindicator.Thatmeansyoucan'tuseatrendingindicatorinarangemarketandviceversa.Alsosometimesdifferenttechnicalindic
5、atorssignalsconflictanditisnoteasytopicktherightinterpretationbetweenthepossibilitiesthatcameoutofeachindicator.Thisisbecauseofthenatureofeachindicatorandthiskindofoutcomeoftenmeans"awrongsetup".Youmustmakesurethatnoindicatorcanalwaysshowyoutherighttradingsignal.SoIthinkitisamust,fort
6、raderstounderstandthenatureoftheindicatorsandeffectivelyavoidtheirnoises.However,Iamgoingtointroducethemostcommontechnicalindicatorsandthetipsaroundthem.MovingAveragesSimpleMovingAverage(SMA)AMovingaveragesimplymeasuretheaveragepriceorexchangerateofasecurityoveraspecifictimeframe.Fore
7、xample,5daySimpleMovingAverageisthesumoflast5daysclosing/openingpricedividedbythenumberoftimeperiods(5).Day12345Price6468105DaySMA----6.8ExponentialMovingAverage(EMA)Whilethesimplemovingaverageisalaggingindicator,wemayfindawaytoreducethelag.Todothis,itisbettertouseanotherkindofMovinga
8、verag
