@ Blackswan. I agree that when using a crossing MA system the discrepancy would not be too crucial. However there are many professional money managers, hedge funds and institutions that use different trading rules. For example; buy (or buy dips) when prices are above a MA and sell (or sell...
Thank you for the replys.
@Waterfield. It's not the open or close, it is actually possible to configure these. Exponential gives a slightly better line but it still some 6 or 7 pints astray on the S&P. This could be as much a 100 points with some currency pairs, which is enough to make ones...
Can anybody explain something about my IG Index charts that been puzzling me.
When I plot a simple moving average (eg 200 day) on the IG charts the levels are somewhat different to the values quoted buy another chart service to which I subscribe as well as the basic 'end of day' charts...