A Moving Average Trading System

[im3vil]

bare in mind .. MA is a lagging indicator

try using something like AROON also
for making a system


hope this helps

 

[CreditViolet]

Hmmm im3vil-Moving Average is a lagging indicator i wholeheartedly agree but is there any indicator that is not lagging.

About the system,the system is sound but the signals will be generated too late imo.For short term systems i say the parameters can be reduced from three ma to two with one ma acting as a stop loss level.Then i can go on and on about that.So i think the system is quite ok in its entirety.

 

[purvija99]

It is not necessary to change the MA for volatile stocks like Infosys, Satyam, etc.

This is a robust trading system and works well with volatile stocks also.

See attached daily chart of Infosys with trading signals of 3x13=39 trading system.

Is it possible in the Metastock to set the MA Settings of 3-13-39 by default so that the same parameters are applicable to all securities at one time instead of setting the same for each security seperately ? If yes , HOW ?
PLEASE REPLY.

 

[Traderji]

Is it possible in the Metastock to set the MA Settings of 3-13-39 by default so that the same parameters are applicable to all securities at one time instead of setting the same for each security seperately ? If yes , HOW ?
PLEASE REPLY.

You can set this by using the templates in MetaStock. You can read more of this in the help menu of MetaStock.

 

[purvija99]

You can set this by using the templates in MetaStock. You can read more of this in the help menu of MetaStock.

Thanks a lot , TRADERJI.

 

[linuxtroll]

Can we use EMA 3,13,39 or WMA 3,13,39... Which one will give more reliable results for day trading and swing trading (5min, 1h and 1d chart)?

Any backtest results comparison with Dawn Bolton-Smith's famous SMA 5,15,30 system?
http://www.marketmasters.com.au/articles/dawnboltonsmith.php

Can we use this 3,13,39 system to trade ForEx?

 

[amarnath]

SMA lag much in general and i feel it is wma better tool . But not a HOLY GRAIL

 

[amarnath]

WMA better tool IMHO

 

[kgsirasangi]

WMA better tool IMHO

What is IMHO?
What WMA system do you propose for use?
kindly elaborate.
thanks

 

[amarnath]

IMHO = In my humble opinion

I use MA as filter rather than cross over . Beacuse following cross over system with MA is not a best a way to follow trend but to about a End