Hi freealways,
Are you telling me to fit some MA's based on my visual sense?! How much is your visual representation on a chart reliable in trading?
I think MA's are tools and by itself isn't reliable. MA's can be used as a tool if you have a very strong indicator behind it. You have to think that there's truly no meaning behind MA's or crossovers other than numbers of x period changing. Is there any significance behind the number? Instead of telling me to stick some MA's on a chart I would like to know the significance behind this indicator that makes this indicator reliable. I know that it shows the general trend of the market.
I would not visually set parameter on MA's based on charts because you might be curve-fitting MA's based on what you see in the past. Market conditions change............ It's like optimizing your parameters based on what you see!!!!! Why don't you fit you favorite parameters 10 years ago and see if it works!!!!
Dragn
Are you telling me to fit some MA's based on my visual sense?! How much is your visual representation on a chart reliable in trading?
I think MA's are tools and by itself isn't reliable. MA's can be used as a tool if you have a very strong indicator behind it. You have to think that there's truly no meaning behind MA's or crossovers other than numbers of x period changing. Is there any significance behind the number? Instead of telling me to stick some MA's on a chart I would like to know the significance behind this indicator that makes this indicator reliable. I know that it shows the general trend of the market.
I would not visually set parameter on MA's based on charts because you might be curve-fitting MA's based on what you see in the past. Market conditions change............ It's like optimizing your parameters based on what you see!!!!! Why don't you fit you favorite parameters 10 years ago and see if it works!!!!
Dragn
