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Strategies & Market Trends : Technical Analysis - Beginners

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To: Richard Estes who wrote (10935)	7/27/2000 12:16:08 PM
From: TechTrader42	Read Replies (2) of 12039

Richard: "A variable moving average is an exponential moving average that automatically adjusts the smoothing percentage based on the volatility of the data series. The more volatile the data, the more sensitive the smoothing constant used in the moving average calculation. Sensitivity is increased by giving more weight given to the current data." As a courtesy to the author, lines such as those above should be placed within quotation marks. The paragraph is a direct quotation form "Technical Analysis from A to Z," which was written by Steven Achelis. The paragraph on the Time Series Forecast indicator is from the same source. Brooke

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