Posted by simple_million on 21st of Sep 2021 at 07:20 pm
Which MA ribbon to use?
Hi guys, I noticed that sometimes the MA ribbon uses 5/11/19/28
and other times its 9/20/34/50. Is there a resource that
explains when to use one vs the other? I thought maybe one
was for indexes and the other for stocks but today's newsletter
uses both for QQQ (Charts 13 and 16) Thanks!
that's what I use, the 9/20,34,50, and if I want the ribbons to
be more reactive I'll use the 5/11/19/28, which is just a multiple
of the 9/2/34/50
there's no rule here man, the only thing I observed was that
EMA's worked best, SMA's, WMA's, other's didn't work well, didn't
give that wave-flow effect like the EMA's.
At the end of the day just pick something and go with it, I
wouldn't spend too much time on it or thinking it
yes it basically is, I wanted to keep the same, not sure how to
describe it, flow-like movement of the ribbons. For example take a
5,10,15,20 EMA set or a 10, 20, 30, 40, and you'll see that
the ribbons they produce have sharper lines, not nice curving
slopes. The 9/20/34/50 set produces a ribbon with nice rounded
flowing patterns, I wanted to preserve that nature but have a
faster ribbon, hence why I took a multiple of those MA's
so for example: 9 to 20: is a multiple of 2.2. So if I start
with the 5 EMA, 5 x 2.2 = 11. And 20 to 34 is multiple of
1.7, so 11 * 1.7 is 19. you get the point
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Which MA ribbon to use?
Posted by simple_million on 21st of Sep 2021 at 07:20 pm
Which MA ribbon to use?
Hi guys, I noticed that sometimes the MA ribbon uses 5/11/19/28 and other times its 9/20/34/50. Is there a resource that explains when to use one vs the other? I thought maybe one was for indexes and the other for stocks but today's newsletter uses both for QQQ (Charts 13 and 16) Thanks!
that's what I use, the
Posted by matt on 21st of Sep 2021 at 07:34 pm
that's what I use, the 9/20,34,50, and if I want the ribbons to be more reactive I'll use the 5/11/19/28, which is just a multiple of the 9/2/34/50
there's no rule here man, the only thing I observed was that EMA's worked best, SMA's, WMA's, other's didn't work well, didn't give that wave-flow effect like the EMA's.
At the end of the day just pick something and go with it, I wouldn't spend too much time on it or thinking it
Thanks Matt! I didn't notice
Posted by simple_million on 21st of Sep 2021 at 07:45 pm
Thanks Matt! I didn't notice it was a multiple lol
yes it basically is, I
Posted by matt on 21st of Sep 2021 at 08:24 pm
yes it basically is, I wanted to keep the same, not sure how to describe it, flow-like movement of the ribbons. For example take a 5,10,15,20 EMA set or a 10, 20, 30, 40, and you'll see that the ribbons they produce have sharper lines, not nice curving slopes. The 9/20/34/50 set produces a ribbon with nice rounded flowing patterns, I wanted to preserve that nature but have a faster ribbon, hence why I took a multiple of those MA's
so for example: 9 to 20: is a multiple of 2.2. So if I start with the 5 EMA, 5 x 2.2 = 11. And 20 to 34 is multiple of 1.7, so 11 * 1.7 is 19. you get the point