[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Multiple Time Frame Question



PureBytes Links

Trading Reference Links

Don't understand, Ira.  Since Elder has been
mentioned as an advocate of multiple time frames,
what's the difference between Elder's use of an
EMA(13) for his first, long term "market tide"
screen, and Goslin's 10-week moving average as a
long-term indicator.

> This doesn't qualify as multiple time frames. It
> is multiple moving
> averages.

This is where I'm not getting it.  How do you
define the time frames?  Could you shed some light
on this?  I thought if I set the data to "weekly"
and dropped a 10-period moving average on it I
would have an indication of a trend in a weekly
time frame.

> the other favorite for longer term traders is MA
> of 10H, 8L,3C. Cover shorts as 3C crosses 8L go
> long when 3C crosses 10H. Reverse for the down
> side.  I am not a MA advocate, but if that is
> your thing, here is something to occupy your
> time.

No, mistaken though I may be, my interest lies in
the "multiple time frame question.  From what I
recall, Goslin is not about moving averages
crossing.   Thanks, though.

Philip


>  Ira.
>
> Philip Schmitz wrote:
>
> > Not to mention Chick Goslin's Intelligent
> Futures
> > Trading (thank you Steve Karnish for the tip).
>
> > Goslin uses a  "Direction Line" (long term
> > indicator:  10-week moving average); a "Timing
>
> > Line" (short term indicator:  MA(2) or (3) or
> (4)
> > minus MA(9) or (10) or (11)); and finally a
> > "Confirming Line" (intermediate term
> indicator:
> > an MA(13) of the "Timing Line".)
> >
> > This is one of those topics, I think, where it
>
> > would be REALLY HELPFUL if some of the
> experienced
> > traders out there would step up to the plate.
> >
> > Hello?