Why is there a major difference between exponential moving averages shown in NeoTicker® and other charting packages?

By Lawrence Chan

Workaround – You can use the QC Exponential Moving Average.

Reason – NeoTicker®’s implementation of the exponential moving average is written according to the correct definition from mathematic texts, as well as classic technical analysis texts.

When the previous generation of technical analysis programs introduced in the 80s and 90s, some programmers decided to create their own version of exponential moving average and then almost every program came after that copy their code from these implementations without questions why the indicator is implemented that way. The claims were that their version “react faster” and “more responsive”, etc.

Categories : FAQ

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