Hi everyone,
just wanted to share a website I found, which is actually for stock markets and their charts, but I think the Moving Average of a data set, that's what we'd have in common. And I guess what the economists have discovered and thought being useful could be useful for us, too. There are some nice and easy to understand articles here that explain the pros and cons:
http://www.investopedia.com/university/
Dictionary: - Simple Moving Average: http://www.investopedia.com/terms/s/sma.asp (what we have now) - Weighted Moving Average: http://www.investopedia.com/terms/l/linearlyweightedmovingaverage.asp (Hlabishi's proposal) - Exponential Moving Average: http://www.investopedia.com/terms/e/ema.asp - Double Exponential Moving Average: http://www.investopedia.com/terms/d/double-exponential-moving-average.asp
Articles: - Weighted Moving Average: http://www.investopedia.com/articles/technical/060401.asp - Simple vs. Exponential Moving Average: http://www.investopedia.com/articles/trading/10/simple-exponential-moving-av... - Double Exponential Moving Averages Explained: http://www.investopedia.com/articles/trading/10/double-exponential-moving-av... - Moving Averages: http://www.investopedia.com/university/movingaverage/default.asp
Cheers, Linus