Unknown Indicator
Double Exponential Smoothing In A Nutshell
Smoothing is a term used when we are trying to turn the data into smoother trends. If you note on some indicators, they move in a wild manner and are choppy. The ideal indicator moves smoothly, giving use a potentially more accurate reading. If you saw an RSI that moved quickly, it may deter you from using that tool because you may not have the ability to form an opinion quick enough. However, if you are day trading, you may decide the quick movements are what you need.
If you have not done so or are new to exponential smoothing, check out simple exponential smoothing. It will give you a better understanding of double exponential smoothing and what the differences may be between the two. One of the main differences between the two is that simple exponential smoothing tends to lack when the market is trending.
Closer Look at Double Exponential Smoothing
You can smooth any amount of data into double, triple, and so on. The equation that goes into the double exponential smoothing can be difficult and off putting. However, it is important to understand the basic information that is taken into account as you want to understand what makes it move. It may not be necessary to understand the full equation however unless you are building a proprietary instrument. MacroAxis offers many different tools and researching aids that you can narrow in on exactly what fits your needs best. Throw in numbers and begin testing out certain aspects.
Other Indicators
All Technical Analysis
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Blockchain Invested a lot of shares | |
 | Chemicals Invested over 40 shares | |
 | Hedge Favorites Invested over 50 shares | |
Other Complementary Tools
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |