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At 03:41 PM 8/16/98 +0200, Onno Goedknegt wrote:
>Hi all,
>
>Please give me your opinion about the usage of
>(vertical and horizontal) shifted moving averages ?
>
>Can you use them for graphic purposes only or also
>as a basis for a (end-of-day) trading system ?
>
>Thanks!
>
>Regards,
>Onno
>
>
>
Onno,
I use them to help define trend.
You can vary the speed and the displacement to
make it a short, intermediate or long-term trend tool.
Displaced moving averages will incur whipsaw, so I'd
not recommend them as a stop-and-reverse trading
signal.
-Neal.
---
DiNapoli Fibonacci techniques -
http://www.fibtrader.com
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