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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Margaret Mateer who wrote (1884)10/16/1998 12:18:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
Margaret,

I'm not sure if others have answered you, but I prefer to use the 14-period setting because it gives signals timed for trades with a holding period of 1 to 4 weeks. Most of my trades now are held 1 week or less, but I still like the slower responding 14 period, as it tends to give less "false" signals. This has been backtested over many months, and was confirmed in my 2 months of papertrading before applying it to the system with real money.

TC.