moving average

Discussion in 'Technical Analysis' started by eleanorK80, Jun 25, 2023.

  1. eleanorK80

    eleanorK80

    How does the 4H timeframe impact the smoothing effect of moving averages and the ability to capture medium-term trends?
     
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  2. expiated

    expiated

    A picture is worth a thousand words. So, here is my nonverbal response...

    NPP Four-hour Chart
    four-hour chart.png
     
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  3. panzerman

    panzerman

    Look up the work of John Ehlers if you want to learn more about moving averages (lowpass digital filters.) Financial data is fractal in nature, so 4 hours does not necessarily mean anything more than 3 hours or 5 hours, or daily, or monthly. However, you should read Ehlers work on aliasing and oversampling.
     
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  4. smallfil

    smallfil

    Moving averages are just that averages of prices over set parameters. A 10 day SMA measures the closing prices of XYZ stock over 10 days. It adjusts to the time period you choose. Does not make it less or more effective as a smoothing tool. It is a lagging indicator, meaning prices have already moved a great deal before you get one moving average price point. If you are trying to capture price trends, a confluence of support or resistance levels, candlestick patterns, trendlines gives you a better way to latch onto the start or end of trends.
     
  5. tony.m

    tony.m

    The 50 and 200 SMAs look really smooth.
     
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  6. kroxobor

    kroxobor

    The impact is same as for 1H or 15M I don't see any difference except that 100 or 200-period SMA become really smooth and very slow to react to the price changes. I would rather experiment with EMA choosing different weights.
     
  7. Peter8519

    Peter8519

    All filters exhibit this behavior - shorter period responsive but noisy and longer period has the opposite effect. Take ADV, AAPL and NVDA as examples and plot 50, 100, 150 and 200MA. This will give a clear picture of up and down trend for short term trader. As a rule of thumb, 80% will not stay above 50MA for more the 20 days.
     
  8. %%
    THAT helps;
    mainly because its mid point + for sure of the day.
    BUT a BIG dis-advantage is most charts only do [240 or so minutes ] 4hours on 60 days or 120 days.
    And 8;30-12;30CST is a great measure.
     
  9. %%
    LOL4 hours means so little little compared to monthly or semi monthly;
    one time it would be better, if stop loss is hit, 4 hour charts maybe better than monthly.
    Its not rocket science; even though mr J Ehlers wrote a book named that LOL:D:D
     
  10. eleanorK80

    eleanorK80

    omg. how do you read it I can not even look at it. great!
     
    #10     Jun 26, 2023
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