Disliked{quote} Well, that's debatable, while the different TF's may be artificial constructs (inventions) that don't represent the true nature of the market (which is better represented by tick movements, as you point out) there is still a difference in information quality that the indicators get for their calculations (higher TF's = Less closing prices used for calculations = mode "noise" reduction), so I'd say they still do matter in that regard The original strategy doesn't use the 100 EMA, but if we asume that the strategy works in every timeframe,...Ignored
Its frequency is the point where 50% of the time price its bullish and 50% of the times price is bearish (Easily backtested by an EA)
If you must use an EMA which is the wrong moving average to use, you will find 38 is adequate in offering many trade wins with low draw downs.
Many experenced traders I trade Forex with do trade somewhat like I just explained. Any MA somewhere around the 38 to 60 and any band that creates a channel will work. There is no need for multiple MA's in my opinion, pointless.
I'll sneak out now
Trading thin liquidity at the boundary of the charts
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