What MA's do you use and why?

Hi Stockkjay,

1/4 time it will work on EUR/USD, then next 1/4 time it will work on EUR/CHF, then next 1/4 time it will work on USD/CHF, then next 1/4 time it will work on EUR/GBP. It's game of moving pairs to achive target's.

You might be knowing Index Manupulation. How they do it...very tricky.
Index consist of 50 Stock, they move certain stock Up and down to achive Index value and trade Futhure and options on Index.

I have just a 200SMA in 30min chart to show the Intraday trend. I think 30min chart is perfect to get fine tuned entries even if you are trading swing on daily charts.

Very similar to mine but I use 7's Good work. It can be used on many different time frames depending on what type of trader you are.

I have looked at the 7 period WMA on open, and 7 period WMA on close on MT4 as well but my broker doesn't offer that option on my charts. So I found the use of a 7 period WMA and the 7 period SMA works about the same.

I have been using that for the past year in back and forward testing on the EUR/USD for a daily trade with good success.

It also works quite well on the 4 hr and 1 hr time frames on more volatile pairs.

If one absolutely insists on trading a moving average, maybe their doctor has prescribed it,
or their clergyman has told them to use MA's, or it was grandpa's dying wish, whatever the reason,
using a several hundred period MA and trading in the direction of the slope while price proceeds the average
is a tactic with atleast some value (less likely to buy a pronounced downtrend, for example).

It's still a lagging indicator, but if you had to draw a line in the sand (or on a chart rather) it's just as good as any.
I really don't find much use for a 5EMA or an 8SMA. 200 period is a public domain indicator, it's everywhere like visa.
500EMA OR 800SMA might be worth something if MA's became mandatory. I wouldn't want to trade if that happened.

Macgyver can break out of a POW camp with a shoelace and a paperclip.
He can probably use a moving average to daytrade forex effectively.
We all have our own talents and shortcomings.

MA_Periods=Bigger_Number=Better_MA_IMO

The moving average itself is just a dynamic representation of the average price for a specified time frame, thus the best settings, imho, would be those that represent actual time measures.

Example a 24ma for hourly bars representing the average price for the previous day, 21ma on the dailies for the average trading days in a month, 60ma for 1 minute bars showing average price for the preceding hour…. Name your own poision.. But this data just shows us the current price in relation to past average only, from here we can determine extreme divergence from the mean in a parabolic or impulse thrust.

When we see the MA act as support/resistance in an orderly trend, we have stumbled upon the current slope of the move, but is this not the same as the current supporting/resisting trendline? Didn’t price have to cross that MA to start the move and Cross back as it consolidates or retraces, it’s lagging aspect is that it has to wait for price to cross, much the same as a trend line was to wait for the fractals needed to draw.

Question to ask yourself is there a reoccurring slope or angle (s) that price favors repeatedly? If so why?

MA’s in consolidation are a waist of effort. It’s only once prices breaks out of range can we measure which leaves us with price action as the trigger and to capitalize profits, price action to exit lest, we are caught in the lag.

Fwiw,