Hai,
While I was learning, I came to know that moving average will work good
on trends. When I tried one example of Satyam computers, I came up with
the attached chart: I used 4,9,18 moving averages.
Clarification needed: Sell signal will be issued when 4-line is below both 9-and 18-lines and 9-line is also below 18-line. Buy signal when 4-line is above both 9-and 18-lines and 9-line is also above 18-line. But if you notice the chart(circle spot), it signals a sell signal although from the chart it seems it shouldn't. ie in the long term the sell signal should appear later.
So how reliable is Triple crossover method?
[I'm a learner and please bear with any silly question if you feel they are]
Praveen.
While I was learning, I came to know that moving average will work good
on trends. When I tried one example of Satyam computers, I came up with
the attached chart: I used 4,9,18 moving averages.
Clarification needed: Sell signal will be issued when 4-line is below both 9-and 18-lines and 9-line is also below 18-line. Buy signal when 4-line is above both 9-and 18-lines and 9-line is also above 18-line. But if you notice the chart(circle spot), it signals a sell signal although from the chart it seems it shouldn't. ie in the long term the sell signal should appear later.
So how reliable is Triple crossover method?
[I'm a learner and please bear with any silly question if you feel they are]
Praveen.
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