View Single Post
Old 02-16-2009, 09:27 AM   #9 (permalink)
David Waring
InformedTrades Founder
Community Host
 
David Waring's Avatar

InformedTrades Heroes David's Beginner Quest Course Contributor Lesson Contributor 
Total Awards: 4

 
Join Date: Nov 2007
Location: Miami, FL
Posts: 5,633

InformedPoints: 0.13

Default

Hi Mostafa,

Glad to hear from you.

The main difference between a SMA and an EMA is that an EMA gives more weight to the more recent periods. As far as which to use and what settings are best its really a matter of individual preference so I recommend playing around with them and seeing what works best for you.

Best Regards,
Dave
__________________
My Free Courses: Forex Course - Stock Course - Futures Course - Basics of Trading - Subprime Crisis - Prorealtime Charts

Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
David Waring is offline   Reply With Quote