Hello Pat,
Obviously, the comments from Preston and Super are perfectly correct.
Have you considered dropping down a timeframe when using, say, your MA crossover system? For intraday trading, I use a five-minute MA cross as a setup and a one-minute MA cross for my entry signal. You could also try, say, a fifteen-minute MA cross to indicate the major trend, the reverse five-minute MA cross to identify a pullback and the one-minute MA cross to enter with the major trend.
I hate to say this but......... ..it works more often than it doesn't.
Hope it helps.
Regards,
Kevin
At 09:48 AM 2/15/2009 Sunday, you wrote:
Hi,
Our old friends moving averages do a good job and are generally useful. However to improve them and their forecasting ability, is it possible to negate their larger than normal swings up and down ? A spike of more than X points or a percentage perhaps ? Perhaps there is a formula already out there somewhere ? Jurik may have done something along these lines.
Thanks
Pat