Weekly & Monthly SMA Question

Looking over the various chartists, I wonder if there's a consensus on the weekly & monthly averages used? I see a few using 20 / 40 / 55 on the weekly - What are you using that gives you the best read?

Scott, There's no standard, but 50MA and 200MA on the daily are the most widely used for long term, buy and hold trades. These MAs can show past trend strength, support, and resistance, but have no reliability on market direction. Since all moving averages are lagging indicator by design (it's how they are mathamatically calculated that makes them lagging), they are used to show how price has trended. For your weekly, 20MA is equivalent to 100MA on the daily. So 20MA and 40MA would be appropriate for weekly charts. 40MA weekly -> 200MA daily 55MA weekly -> 275MA daily MAs are generally used with other indicators (like momentum) to spot trading signals. As using them alone can lead to whipsaw action and trading losses. MACD is also a good moving average indicator that can be used with momentum indicators, but you wouldn't want to use the MACD with MAs. Good luck with the trades.