Disliked{quote} Hi Binnie, Like you, I am not an expert either. What I do know about sma & ema is that sma is just a simple average of a set of numbers. Ema averages have more weight added to the more recent numbers. I am not sure of the reasoning for each uses, but Phillip uses them, so I will. ..., ArtIgnored
http://www.investopedia.com/video/play/sma-versus-ema/
Hope this adds clarity to the difference in the two.
Trade well,