The system has been tested all the way down to 1H candles. I don't recommend going any lower due to volatility reasons!
As to the 40 SMS and 20 SMA - not exactly sure. I know the system works the way it is.
Why fix it if it isn't broke?
As to the 40 SMS and 20 SMA - not exactly sure. I know the system works the way it is.
Why fix it if it isn't broke?
DislikedA very interesting system, indeed! And I like the traffic lights indicator very much
Still, wanted to ask two important questions:
1. Does anyone have evidence that this system does not work on other timeframes, too?
2. Why is it important to use two SMAs? Why not using just SMA40 if we want to be more conservative and only SMA20 if we have aggressive intentions?Ignored