Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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Jan 23 4:00 PM EST

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To: Dr. Stoxx who wrote (7878)	6/1/2000 4:42:00 PM
From: Ken Adams	Read Replies (1) of 39683

TC, Whoever asked the MA question about using 15 minute bars with the 20 and 32 MAs was surely a good thinker. No they are not the same, though very close. And I'm afraid I'm at a loss to explain why...anyone? Mathematically, they result in a very similar look. But it's sort of like saying 5 daily bars is the same as one weekly bar. They just aren't the same. However, at least in my opinion, I believe one could probably get very used to using the 20/32, but the tendency to "tinker" would be there to an even greater degree than with the hourlies. I pretty much got away from a ten minute bar for that very reason. Although I still use it for OEX trading. Ken

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