We know what to expect, but we might as well show the chart with Exponential Moving Averages. I begin to wonder if the deviations between close moving averages have any significance.
Using daily, weekly, and monthly closes, I have overlaid the EMAs using the Fibonacci Sequence to determine the number of periods to measure.
Starting with the 5th number of the Fibonacci Sequence:
5 black
8 orange
13 red
21 pink
34 purple
55 dark blue
89 light blue
144 light green
233 black
377 orange
610 red
987 pink
1597 purple
2584 dark blue
4181 light blue
We really don't need to consider multiple time frames, but should remain cognizant that using a shorter period to measure the sets will result in more precision given sequential numbers approach phi, the golden ratio.
Using daily, weekly, and monthly closes, I have overlaid the EMAs using the Fibonacci Sequence to determine the number of periods to measure.
Starting with the 5th number of the Fibonacci Sequence:
5 black
8 orange
13 red
21 pink
34 purple
55 dark blue
89 light blue
144 light green
233 black
377 orange
610 red
987 pink
1597 purple
2584 dark blue
4181 light blue
We really don't need to consider multiple time frames, but should remain cognizant that using a shorter period to measure the sets will result in more precision given sequential numbers approach phi, the golden ratio.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
