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Mervin Yeung writes:
> 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?
You can further refine your system by adding something which is a
trend identifier; Wilders directional movement indicator comes to
mind.
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