|
PureBytes Links
Trading Reference Links
|
Break out systems are less the 38% accurate. Get another indicator to
confirm the move. Ira.
Mervin Yeung wrote:
> Hi RTs,
>
> Most people use moving averages cross over system (MA) to catch trends.
> The problem is that moving averages cross over system generates trading
> signals even when there is a trading range. That is the reason I don't
> like MA. Breakout system is better in this aspect because breakout
> system only generates signals when the price is out of the range. Any
> comments?
>
> Mervin
|