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EMA'S & 4HR Time Frame....

  • #1
  • First Post: Apr 26, 2007 11:03am Apr 26, 2007 11:03am
If I'm working off of a 4 hr time frame what would be the best EMA's to use, would a 6EMA & 13EMA be sufficient or should I be working with different parmeters because of the 4 hr time frame.

Any help, would be much appreciated.

Thanks...

Marc
  • #2
  • Apr 26, 2007 12:56pm Apr 26, 2007 12:56pm
Well it depends.

What kind of information do you exactly want to gather off the MAs themselves? what will you use them for?
  • #3
  • Apr 26, 2007 1:08pm Apr 26, 2007 1:08pm
When they cross will be a possible entry or exit for the system I am using.

Any help, would be much appreciated.

Thanks..

Marc

Quoting WTB
Well it depends.

What kind of information do you exactly want to gather off the MAs themselves? what will you use them for?
  • #4
  • Apr 26, 2007 1:18pm Apr 26, 2007 1:18pm
I have been partially using a system called The VanessaFX System. It is a four hour chart system and she uses

6 EMA
13 SMA
MACD
Parabolic SAR

and it also uses a 120 SMA and 300 SMA as support and resistance levels.

I found the 6 and 13 work very well together.
  • #5
  • Apr 26, 2007 1:22pm Apr 26, 2007 1:22pm
Thanks for the input Jack.

Quoting Jack Bauer
I have been partially using a system called The VanessaFX System. It is a four hour chart system and she uses

6 EMA
13 SMA
MACD
Parabolic SAR

and it also uses a 120 SMA and 300 SMA as support and resistance levels.

I found the 6 and 13 work very well together.
  • #6
  • Apr 26, 2007 1:56pm Apr 26, 2007 1:56pm
i like using fiboNo.'s for xMA periods.
  • #7
  • Apr 26, 2007 4:58pm Apr 26, 2007 4:58pm
Marc,
as a general rule when working with ema's you can calculate the period needed with the following simple sum.

Period = (cycle / 2) + 1

where cycle is the number of bars between peaks or valleys so.. On the hourly the 24 hourly cycle is 13 i.e 24 / 2 + 1

where as a 24 hour cycle on the 4 hr is 6 / 2 + 1 = 4

both these values will roughly Equate to the same thing on the different timeframes.

one thing to note is that the calculation of ema's becomes less important(and sma's would do) at small values such as 4,5 or 6 etc.

in summary on a 4hr chart 6 and 13 ema's are roughly representative of 1(and a bit) and 4 day cycles on the 4hr charts.
These calculations are useful for converting ema's from one TF to another..

As wtb says it depends on what your after..
Good luck
sven
What if the Hokey Cokey is what its all about?
  • #8
  • Last Post: Apr 26, 2007 5:05pm Apr 26, 2007 5:05pm
great stuff..thanks so much

Quoting SvenFoster
Marc,
as a general rule when working with ema's you can calculate the period needed with the following simple sum.

Period = (cycle / 2) + 1

where cycle is the number of bars between peaks or valleys so.. On the hourly the 24 hourly cycle is 13 i.e 24 / 2 + 1

where as a 24 hour cycle on the 4 hr is 6 / 2 + 1 = 4

both these values will roughly Equate to the same thing on the different timeframes.

one thing to note is that the calculation of ema's becomes less important(and sma's would do) at small values such as 4,5 or 6 etc.

in summary on a 4hr chart 6 and 13 ema's are roughly representative of 1(and a bit) and 4 day cycles on the 4hr charts.
These calculations are useful for converting ema's from one TF to another..

As wtb says it depends on what your after..
Good luck
sven
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