Simple is better

[jrs3]

Dont you think so?

 

[daytraderpete]

After spending 3 yrs going through every indicator known, all my charts look like that one. I feel thats all you need, a trend indicator and a momentum indicator.

DTP

 

[murray t turtle]

Quote from jrs3:

Dont you think so?

====================

Simple is better than overdoing it.

Personaly like a complex number of moving averages;
when studied long enough - actually is simple when studied long enough.

Top trader William O ' Neill simply , mainly uses only 2 MA.
=========================================

Some trees look dead this time of year;
not really- its just seasonal.

 

[doug456]

Quote from jrs3:

Dont you think so?

what settings are you using on this chart?

 

[Century]

Could you explain more about that chart, What averages are they? Simple, exp, weighted.....What length? Are they displaced?

Do you have a problem in sideways markets?

Do you just trade crosses?

How is that oscillator on the bottom setup?

Thanks very much,
SL

 

[dbphoenix]

Quote from Century:

Could you explain more about that chart, What averages are they? Simple, exp, weighted.....What length? Are they displaced?

Do you have a problem in sideways markets?

Do you just trade crosses?

How is that oscillator on the bottom setup?

If simple is better, what do you suppose is the simplest answer?

 

[Thunderdog]

Quote from jrs3:

Dont you think so?

I certainly agree that, all else being equal, simple is better. However, I can't help but notice that you picked a particularly lovely chart to illustrate your point. Do you find this chart to be representative? If not, then what about all of the other ones?

 

[WDGann]

LOL.... another chart fitted indicator... (which is not a system)...

Don't mistake and mixed simple with robust.

Put that figure in a 10 year system backtest.

.... Got a problem with what I say... post the BS in the Forum above.

 

[jrs3]

Simple really is better, try it ! Backtesting over optimized systems create a false since of security, amateurs need that security.

 

[doug456]

Quote from jrs3:

Simple really is better, try it ! Backtesting over optimized systems create a false since of security, amateurs need that security.

what settings are you using, i would like to backtest this.