Comparison Between Exponential Moving  Average Based MACD with Simple Moving  Average Based MACD of Technical Analysis

Naik Parth Pradipbhai

Volume : II, Issue : XII, December - 2013

Comparison Between Exponential Moving Average Based MACD with Simple Moving Average Based MACD of Technical Analysis

Naik Parth Pradipbhai

Abstract :

The moving average convergence divergence (MACD) is one of the most well known and used indicators in technical analysis. This indicator is comprised of two moving averages, which help to measure momentum in the security. Now the study two types of moving average measures which are: Exponential moving average and Simple moving average. The paper studies that by using these different moving average methods on MACD indicator how well 1 method of moving average provide prediction compare to other method of moving average. This paper also studies that which moving average based MACD indicator of technical analysis generates best profit, maximum no of buying and selling signals, best Average return. The main purpose of the study is to find out from EMA based MACD and SMA based MACD which one moving average based MACD performs well. The moving average convergence divergence (MACD) is one of the most well known and used indicators in technical analysis. This indicator is comprised of two moving averages, which help to measure momentum in the security. Now the study two types of moving average measures which are: Exponential moving average and Simple moving average. The paper studies that by using these different moving average methods on MACD indicator how well 1 method of moving average provide prediction compare to other method of moving average. This paper also studies that which moving average based MACD indicator of technical analysis generates best profit, maximum no of buying and selling signals, best Average return. The main purpose of the study is to find out from EMA based MACD and SMA based MACD which one moving average based MACD performs well. The moving average convergence divergence (MACD) is one of the most well known and used indicators in technical analysis. This indicator is comprised of two moving averages, which help to measure momentum in the security. Now the study two types of moving average measures which are: Exponential moving average and Simple moving average. The paper studies that by using these different moving average methods on MACD indicator how well 1 method of moving average provide prediction compare to other method of moving average. This paper also studies that which moving average based MACD indicator of technical analysis generates best profit, maximum no of buying and selling signals, best Average return. The main purpose of the study is to find out from EMA based MACD and SMA based MACD which one moving average based MACD performs well.