BabylonApologies, the 50/200 ema are indeed very close. I was...

Babylon

Apologies, the 50/200 ema are indeed very close. I was referring to the "Golden cross" which is generally accepted as the 50/200 simple moving average and more accurate, especially on the XAO and SPX500.

For example the 50/200 sma crossed on July 7 on the XAO at 3766 but the 50/200 ema didn't cross until Aug 5 at 4272.

I would have missed 13% of the upside had I waited for the ema on the XAO. Further, with VPG I would still be waiting for the ema cross and have missed 86% of the upside.. so far.

We all have our seperate indicators but for my money, the 50/200 sma is, and has been,the most consistant of the indicators over the past 30 years at least.

Similarly, using the ema on the reverse cross would result in 15 to 20% downside because of the delay compared to sma reverse cross, (death cross).

Regards
Loganqld