Slope of an EMA

Discussion in 'Technical Analysis' started by moonmist, Jan 3, 2013.

  1. moonmist

    moonmist

    Yes. There are a lot of variables to consider:

    For example, the AbsValue( slope ) of the 20-period EMA of a one-minute can be below the threshold to be qualified as a strong trend. Yet, the ADX of the five-minute chart can be above 55. ( Unless the setting is really weird, an ADX above 55 should be considered as a strong trend. ) This happened to CLG3 few days ago.

    Just consider the slope of an EMA in a single timeframe may not be enough to decide whether price is trending strongly. :)
     
    #11     Jan 10, 2013
  2. ===============
    Good question;
    its more helpful to test the numbers on many time frame///large time frames.EMA//ma of most any kind is helpful , not the slope.But feel free to find that out yourself=good trends go more than i forcast.

    None of this is a prediction;
    but its a high probability trends go further than i think .....
    I study trends a lot.LOL:D
     
    #12     Jan 14, 2013