you use weird number for moving average period, instead of
using RSI, I guess its more reliable if you use only MACD for
determining market trend, I hope you can show us your charts
here
you use weird number for moving average period, instead of
using RSI, I guess its more reliable if you use only MACD for
determining market trend, I hope you can show us your charts
here
Thanks for sharing this useful strategy but what i have discovered is that moving average do not work in non-trending market,is there any solution on how to use moving average in a non-trending market,let us know.thanks
Bigger time frame is much better with this strategy and when we use on bigger time frame we get less fake signals and much more wiil be there. This is a good strategy to trade any pair and in any market condition. but if we use this strategy on small time frame then we can get multiple signals in a day.
"Take a trading break. A break will give you a detached view of the market and a fresh look at yourself and the way you want to trade for the next several weeks."
this is use full for entry and exit set up but not for scalpers because you have to wait for right time and going long and going short is a simple in some locations only lower time frame entry creates several problems in this method and it should be used in 4 hr time frame for right entry .
As an indicator moving average is terrific. Here you have talked about cross over of moving average and how to get benefit out of it. Thanks a lot for this well thought post. I hope it is going to help me a lot.
I used moving average strategy before but i hardly works for me.That,s why i left it.It really works so nice when the market is trendy but other times it is rarely useful.Besides ,it does not confirm trend and often shows wrong trend.I spent much time behind this strategy and now i am done.Now i am looking for a better strategy.