Hello Alvin,
I use 5/30 MA crossovers on both the 5-minute and 1-minute charts for the FTSE and the DAX. To be honest, it doesn't really matter which parameters you use; just be consistent. The strategy is to enter on crosses on the 1-minute charts in the direction of the trend as defined on the 5-minute. Ten point stop maximum. Exit position on a reverse cross on the 1-minute chart.
Remember with a trend-following strategy, most trades will be losers. It's 10% of your trades that will make you the money and you have to positioned when they take off.
Hope it helps.
Regards,
Kevin
At 03:19 18/02/2009 Wednesday, you wrote:
Hi Kevin
Can u share with us the periods u used for the intraday ? Are u using the T3 MA ?
rgds
From: Kevin Barry <kevin_barry@ candytape. com>
To: equismetastock@ yahoogroups. com
Sent: Monday, 16 February 2009 5:59:54
Subject: Re: [EquisMetaStock Group] adjusted moving avs
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
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