Extreme Deviation Automatic Price Targeting - "X_DEV" - Bitcoin

[Qarel]

Robo,

No need to apologize for being unclear, for I never thought that that was what you meant! And your example chart isn't very enlightening, due to the rather compressed scale, don't you think? If you enter '6 months' instead of 'Fill the chart', you miss the Big Dipper, and the effects I was talking about become visible:

- The 16 day EMA reacts faster than the 12 day SMA

- The 16 day EMA is already much more 'average' in its overall movement than the 12 day SMA. (I looked a bit further and found that this is already true for the 12 day EMA for QLGC. This may prove to be the biggest problem for the EMA.)

Oh well, why not give the URL?
http://stockcharts.com/def/servlet/SC.web?c=QLGC,uu[w,a]daolyyay[dc][pb12!c16][vc60]<i&pref=G

I have no opinion on whether this is good or bad for X_DEV or one of its clones; it's just that an EMA is a rather different beast than a SMA.

Regards,

Karel