another Moving Average
 We were playing with moving averages here. We were looking for something that smooothed out the wrinkles in the stock chart and ... >And didn't have too much lag, eh? Yes, that's right. I like the Exponential Moving Average (EMA) 'cause it gives more weight to recent stock prices (Fig. 1). >But to avoid lots of lag you gotta take the average over just a few days. Yes ... then you get wrinkles, like the 5-day EMA (as in Fig. 1) Figure 1: EMA
 However, suppose we look carefully at the 5-day EMA and pretend it's the chart of some stock. Then we calculate the average daily return for this new 5-day EMA stock-graph. Then, each day, we increase the price for this fictitious stock by that 5-day average gain. Then we plot that graph. Then we'd get yet another graph which we'll call the 5-day gEMA ... as in Fig. 2. >Uh ... it has more lag. And not so wrinkled, I think. >Why g moving average? It's a great moving average, don't you think? >NO! Figure 2: gEMA
 Having done that once ... >Don't tell me you're gonna do it again! Why not? We pretend that the 5-day gEMA graph is a stock chart and we calculate the average daily return over the past n days ... >And, each day, we increase the price for a fictitious stock by that n-day average gain? Sounds good to me! For n = 10, we can call this new graph the 10/5-day ggEMA. >Huh? It uses the 10-day average return of the 5-day gEMA ... >Which uses the 5-day average return of the regular, garden-variety EMA. You got it! Figure 3: ggEMA
>I assume you have a gggEMA and a gggggEMA and ...
That's left as an exercise ... for you.