| Re: Trading using only MA's? There is no best combination of MA cross settings, every combination has drawbacks in different market conditions. If you are determined to use MA crosses I would do it on a H4 or daily timeframe and just try different combinations until you see something you like. I don't think pure Moving Average cross systems really work anymore, too low of a MA setting and you get whipsawed to death, larger MA settings don't tend to cross until the market is going in the complete opposite direction. As for type of MA, it really does not matter in the long run.
Search for the 'bunny cross system' if you want an example of a MA cross system, but read the thread carefully because there was alot of discretion used to make the system a 'success'.
If you are just starting out, I would give yourself a head start and just forget about MA cross systems (and multiple indicator systems in general, adding another statistically insignifigent indictor does not make a better system), I spent so much time testing all sorts of TA cross systems & none of them work, I quick internet search will quickly reveal the futility of these approaches. RSI, Stochastic etc, it's all s**t. All you can do is trade in the general direction (taking into account news & support/resistance) of the market and give yourself an edge though risk & money mangement.
Sorry for the rant, I'm just trying to save you the sea of crap I had to wade though. |