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permanentjaun · 23-10-2006, 19:02

I think I've toyed with that idea as well. Say have a 50 MA. Then a 3 and 15 MA. Buy when the 15 MA is above the 50 and the 3 crosses above the 15. Close The position when it crosses to below the 15. Buy back in when it crosses back above the 15 MA. This would allow several entries and exits on the way to the top.

The idea was only enter long positions if the price action is above the 50 MA, a bullish signal. Only enter short positions when the price action is below the 50 MA.

I assume this is what the tunnel method is similar to? I wasn't a member of forexfactory so I could not download the files to read about it. It seems to have a huge following though. Matt

23-10-2006, 19:02	#7
permanentjaun level 1 Join Date: Sep 2006 Posts: 45 Downloads: 0 Uploads: 0 Rep Power: 3	Re: Automated Trading Theory Discussion I think I've toyed with that idea as well. Say have a 50 MA. Then a 3 and 15 MA. Buy when the 15 MA is above the 50 and the 3 crosses above the 15. Close The position when it crosses to below the 15. Buy back in when it crosses back above the 15 MA. This would allow several entries and exits on the way to the top. The idea was only enter long positions if the price action is above the 50 MA, a bullish signal. Only enter short positions when the price action is below the 50 MA. I assume this is what the tunnel method is similar to? I wasn't a member of forexfactory so I could not download the files to read about it. It seems to have a huge following though. Matt