What is the best moving Average to show the current trend on a
one hour chart ?
one hour chart ?
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Quoting toddandersonDislikedWhat is the best moving Average to show the current trend on a
one hour chart ?Ignored
Quoting toddandersonDislikedWhat is the best moving Average to show the current trend on a
one hour chart ?Ignored
Quoting stockwetDislikedTake a look at the Hat thread. It's impressive for following the trend.
Here's my experience with MA's. A person could pick just about any number on any timeframe and come up with a set of rules for helping to define the trend. Since the MA is just a lagging average of prices, prices will always react in and around the MA. Personally, I use a 200 WMA on 5 and 15 minute charts. I've learned how price action reacts to that period. You could just as easily choose another period and be just as right. Again, I'd refer you to the HAT thread for helping to define trends.Ignored
Quoting narafaDislikedThere is always the old problem of MAs which is they are either too fast or too slow most of the time, & in 10% of the time they fit...This is because the fact that the price itself dictates the movement of the MA & not vice versa...
If you can solve this problem someday, you might have got a solution for one of the biggest problems facing MA traders....I started searching for a solution for the problem 3 months ago...Just trying to develope an adaptive MA in which it can adjust itself not only in the speed of the price, but also in the mood of the price...For example, if the price is fast, my MA must be fast, but it will still lag, if the price is slow in its' movement, my MA should be slow and so on....About the mood of the price, I am trying to find a way in which the formula itself of the MA discounts strong trends, congestions, V shaped reversals & so on....I don't really need to include every single pattern in the formula because I know it would be impossible to do this, but I only need to include reversals, congestions & trend strength....
Wish me luck, I am still early in my research...
Thanks,
NaderIgnored
Disliked{quote} THERE IS NO BEST OPTIMIZED MA OR ANY OTHER INDICATOR! The beauty and the beast of the trading market is that its trends and flats last DIFFERENT AMOUNT OF TIME. A ma that was too fast last month (or year) can be too slow today... An optimal period for MA today maybe too fast or too slow tomorrow... The best idea is to find an indicator or a system that has the least optimization possible and use it. It will not be optimal, but it will be more stable. For ema's I liked this combination 5,21,55,233 (fibonacci numbers). On intraday use of that...Ignored