DislikedSo far we were using SMA 5,3 but today I relliazed that SMA 5,0 can do better job. We will be using SMA 5,0 going forward if we all agree.Ignored
How did you "realize" the new settings are superior?
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Disliked{quote} Sure, very welcome brian661!! SMA can be shifted forward or backward using shift postive and negative value. e.g. I have added 3 SMA as follwoing SMA 5, 3 SMA 5,0 SMA 5,-3 You will notice that SMA 5,3 does better prediction however when I was checking old charts SMA 5,0 does better jobs in some cases as well. {image}Ignored
Disliked{quote} Â Hey Bk8, judging by the chart you posted the 5,3 is the superior one IMO. I think the 5,0 will give better results for quicker/sudden rising and falling price action. I believe with the 5,0 we will have later entries into the moves than with the 5,3. What is your thinking process on this?Ignored
Disliked{quote} Hi, Bk8. How did you "realize" the new settings are superior?Ignored
Disliked{quote} Nothing is easy, otherwise we would all be millionaires However, trading is actually only 20% skill, 50% emotions, 30% money management. You can give a winning formula/system to 10 different people, mechanical system with no discretion, and all 10 people will come out the other end with different results. You will have the greedy one, who wins a few, over leverages that 1 or 2 trades that lose and blow his account. You will have the fearful trader who makes excuses not to enter the trade who barely makes any profit. The angry/revenge...Ignored
DislikedBk8 how would you take these pairs, your comments please... {image}Ignored
DislikedThis is interesting. So your Moving Average is a 5? Are you using the Parabolic Sars to help with your entry? I'd want to use this on the smaller timeframes (15M/30M/1hr) Would you change the moving average? Whats your suggestion?Ignored
Disliked{quote} Nothing is easy, otherwise we would all be millionaires However, trading is actually only 20% skill, 50% emotions, 30% money management. You can give a winning formula/system to 10 different people, mechanical system with no discretion, and all 10 people will come out the other end with different results. You will have the greedy one, who wins a few, over leverages that 1 or 2 trades that lose and blow his account. You will have the fearful trader who makes excuses not to enter the trade who barely makes any profit. The angry/revenge...Ignored
DislikedBK8, Im attaching NZDUSD chart, where 5, 3 old MA showing us very nice cross and showing us some nice signals but when you check the new MA 5 it is just touching the candle which means these are not strong signal or strong move ... now im confused which should i take ... normally MA 5, 3 is profitable system which you already using from last more then 6 months then i think we should stick with old system .. maybe i'm wrong. {image}Ignored
DislikedBK8, if you dont mind, would you like to share your chart which trades you gonna take next week.Ignored
Disliked{quote} Sure, I have not analyzed yet... lets discuss tomorrow. I am sure @yonnie and other contributers will share their analysis as well. Its 1 AM here so have to sleep now, see you tomorrowIgnored
Disliked{quote} yeah sure no worries, but before you sleep just wanna show you something... check this out beauty of MA 5,0, early signal ... very good example of why MA 5, 0 is better then MA 5, 3. {image}Ignored