I took sometime to compare the use of both the MA and EMA methods on teh Breakout calculator.
I used MOS as a "short on a pull-back" idea and BBRY as a breakout idea.
1. MOS
I present below both the 5D MA and the 5D EMA
The idea is to short on a bounce, because we are in a downtrend.
We measure the strength of the bounce as the distance between the 5D MA and the current price.
Below are the stats calculated for a bounce that is 2% above the 5MA
Below are the stats calculated for a bounce that is 2% above to the 5 EMA
These stats differ a little because the entry price is different.
It is however more important to compare the Sensitivity stats. We can see below that both methods offer similar entry zones for good R/R
2. BBRY: Stats are calculated on the day before the breakout shown below.
Below are the stats calculated for a breakout to 8US$ using a 5MA
Below are the stats calculated for a breakout to 8US$ using a 5 EMA.
Results are almost identical
The sensitivity analysis for both methods also shows similar results.
My conclusion for now is that any method will give similar results.
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