SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (39695)10/29/1999 6:14:00 PM
From: peter n matzke  Respond to of 44573
 
I2, it will depend somewhat on the markets you are trading (stocks, commodities etc). Use a long simple moving average on a short period bar chart, either 5 min or 10 min. If you do some studies using the slope of an MACD, you will see that going flat or short in hot up markets is more profitable than waiting for a normal reversal signal. The same is true as well in icy cold down markets.

Note that the same increment on a larger period bar chart does not appear the same.
ie 300 sma with 10 min bars is not the same as a 25 sma on a 120 min chart.

regards
peter