Multi Moving average strategy
Exponential Average long term (group 1) : 60 ,50,45, 40,35,30
Exponential Average short term (group 2) : 15,12,10,8,5,3
Logic : short term average cross long term it will conceder bullish trained (Or Buy Call)
long term average cross short term it will conceder bearish trained (Or Sale Call)
IT IS A GOOD STRATEGY AND WILL GIVE GOOD RESULTS .
ALSO STOP LOSSES WOULD BE AVOIDED
IT WILL WORK ON END OF DAY CHARTS AND WHIPSAWS SHALL BE AVOIDED .
OVER TIME ONE CAN SEE THE ANGLE OF BOTH LONG AND SHORT AVERAGES
REVERT AND POST REPLIES
THANKS
SUMIT BHATIA
Exponential Average long term (group 1) : 60 ,50,45, 40,35,30
Exponential Average short term (group 2) : 15,12,10,8,5,3
Logic : short term average cross long term it will conceder bullish trained (Or Buy Call)
long term average cross short term it will conceder bearish trained (Or Sale Call)
IT IS A GOOD STRATEGY AND WILL GIVE GOOD RESULTS .
ALSO STOP LOSSES WOULD BE AVOIDED
IT WILL WORK ON END OF DAY CHARTS AND WHIPSAWS SHALL BE AVOIDED .
OVER TIME ONE CAN SEE THE ANGLE OF BOTH LONG AND SHORT AVERAGES
REVERT AND POST REPLIES
THANKS
SUMIT BHATIA