Hi Fx-Pro,
this is a very good system. I use a similar one among some others. The combination of two moving averages and the rule that the bar has to bounce off from one bar AND close above/below the other one filters a lot of noise which is often the biggest issue with moving averages.
this is a very good system. I use a similar one among some others. The combination of two moving averages and the rule that the bar has to bounce off from one bar AND close above/below the other one filters a lot of noise which is often the biggest issue with moving averages.