2 MA Method- easier part of "Pivot Method"

Discussion in 'Derivatives' started by Subhadip, Sep 24, 2016.

  1. Subhadip

    Subhadip Well-Known Member

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    Basically what is 2 MA method?

    MA= Moving average
    2MA= 2 moving average 9EMA & 21 EMA

    also one more thing, this is not a crossover method, but rather it is price above or below of both the moving average.

    If price close above 2 MA in 15 min chart, go to 5 min chart, go long above any pivot near that or above that.

    Then just follow the rules of Rally.

    when rally ends, get out..

    That is all.
     
  2. Subhadip

    Subhadip Well-Known Member

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    Any one can help with chart...

    Please..
     
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  3. crakeshm

    crakeshm New Member

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    Hi Subhadip,

    Why do you use 9 EMA and 21 EMA...why dont you use some other period or some other kind of average like say TEMA or anything else.

    Thanks for taking out time for this.
     
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  4. Subhadip

    Subhadip Well-Known Member

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    Previously I was using 21 SMA & 8 EMA..

    Now changed to EMA both 9 & 21.

    Seeing chart & used..
     
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  5. davincy

    davincy Member

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    Subha,

    Still I have doubt in 2ma method.where to enter in uptrend.kindly clear it.or tell me my marked entry is correct or not.

    Price closed above 15mins chart
    [​IMG]


    Price closed above 5mins chart already.but I marked near mph.that cannot use for entry because price already passed.

    [​IMG]

    So next opportunity is another mph I marked for entry. If i take long trade on that mph in 5min chart it is too late.what to do?

    [​IMG]

    Exit at where decline confirm
    [​IMG]

    In 15mins chart price closed at 793.10.but mph formed in 5min chart at 796.95.so very late entry.how you trade this chart.I have doubt about entry in this situation.

    Above my entry and exit correct? As per 2ma method.
    Pls clear it.

    Davincy
     
    Last edited: Sep 25, 2016
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  6. PreSap

    PreSap Active Member

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    Hi SubhaDa,

    Please take a look at the chart below:

    [​IMG]

    Here I am taking 15 min as the higher TF.
    Candle A closes below the 2 MA and then there is a rally.
    Candle B again closes below 2 MA
    Which candle should we consider as signal here - Candle A or Candle B?

    Here are the corresponding trade entries on the 5 min TF:
    [​IMG]

    Where do we enter?

    Thank you so much for giving us a chance to learn.
     
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  7. PreSap

    PreSap Active Member

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    Subha Da,

    Using the same chart, was there a long signal on 15 min here (since candle L closed above the 2 MA)

    [​IMG]



    The high of L is is broken after 6 candles on the 5 min TF:

    [​IMG]

    Of course this trade does not give profit, but would it be a valid trade as per the system?

    Thank you.
     
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  8. chavanms

    chavanms Active Member

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    PreSap sir , I would like to comment on your second question on long , Subhadip sir mentioned I his earlier post if the crossover happens yesterday's afternoon range then do not take a trade by the same logic the bullish crossover happens in the range of bear leg(decline)
    Mukesh




    Sent from my iPhone using Tapatalk
     
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  9. _Rajesh_

    _Rajesh_ Well-Known Member

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    PLEASE DISREGARD. WRONG MA USED.

    Dear Subhadip,

    Posting last week's BNF trades per my understanding of 9EMA/21SMA method.

    15 minute chart

    [​IMG]

    5 minute chart

    Green solid = Long Greed dotted = Add
    Red solid = Short Red dotted = Add
    Black solid = Exit Black dotted = SL/TSL
    Filter 5 points
    1 add

    [​IMG]

    19/09
    Long 20020
    Exit 19985
    Result -35


    [​IMG]

    20/09
    Short 19897
    Exit 19920
    Result -23

    [​IMG]

    21/09
    Long 19975
    Exit 19962
    Result -13

    Short 19925
    Add 19908
    Exit 19872
    Result +89

    [​IMG]

    22/09
    Long 20125
    Add 20145
    Exit 20162
    Result +54

    [​IMG]

    23/09
    Short 20050
    Exit 20074
    Result -24

    Short 20076
    Exit 20079
    Result -3

    Short 20037
    Exit 19960
    Result +77

    Net weekly result +122 points in 8 trades less costs.

    It looks good. Will backtest some more. Thanks.
     
    Last edited: Sep 25, 2016
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  10. PreSap

    PreSap Active Member

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    Thanks Mukhesh sir,

    Your input is very much appreciated. I had read this but forgot about it.

    Thank you!

    Sent from my A0001 using Tapatalk
     
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