They don't work because there trigger cross for entry is to slow you've missed much of the move but it's hard to get a better momentum direction, then the second issue is it's to slow to get you out.
You've got a system which will :-
1. Get you big moves when they happen +
2. Will also take a loss 70% of the time on stalls -
3. Will knickel and dime you to death.
You could try 2 sets of EMA's, 1 slower for your entry and 1 faster for your exit to reduce your losses.
You've got a system which will :-
1. Get you big moves when they happen +
2. Will also take a loss 70% of the time on stalls -
3. Will knickel and dime you to death.
You could try 2 sets of EMA's, 1 slower for your entry and 1 faster for your exit to reduce your losses.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!