As the charts given
Forex Libra Code Review below indicate, MA crosses the price 11 times. However, where did E. Neiman see dogs who cannot "bark" more than once or twice? One can imagine how many traders have lost their deposits due to the recommendations given by E. Neiman . The charts submitted below confirm my statements. Everybody can compare SMA with EMA in order to independently answer the following question. Is it preferable to apply rather EMA than SMA (as E. Neiman insists)? Or the difference between these indices is minimal? As one can see, analysts of Forex just play with exponential-, smoothed- and linear-weighted MA. In practice, various "improvements" in SMA do not heighten the working trader's profits. Both J. Murphy and Hockhaimer were perfectly correct in pointing out the difference between SMA and principal conclusion that one can easily make issuing from the statistics submitted by these authors. That is both types of MA just slightly differ one from another. Besides, the same drawbacks are inherent in the both variants of MA.
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