Bioprogress General Discussion

Ref: Moving Averages

Anyone that uses moving averages on their charts - try switching them for displaced moving averages. An example is the 25 day moving average with a 5 day displacement. It is an excellent indicator that defines and contains long term trends. Displaced moving averages also avoid a lot of whipsaws (short term penetrations of the moving average) which affect a lot of investors and traders who use standard simple moving averages like the 20 and 50 etc.

One slight snag for anyone looking to use better technical tools is that the majority of cheap and nasty charting services like Advfn, bigcharts etc. do not support the most effective tools.

This is of course NOT TRADING or INVESTING ADVICE :-)

Take a look and decide for yourselves.

TiZ