Simple Profitable Method

[snarlyjack]

Since were stripping most (but not all) indicators from our
screens. Do we really need the SMA8 +2?

We want to keep a very simple, clean system. Not to much,
not to little, just what we need to make good decisions...

snarlyjack

 

[trader28]

Quote from snarlyjack:

Since were stripping most (but not all) indicators from our
screens. Do we really need the SMA8 +2?

snarlyjack

it's a lot smoother than the 3sma+2 and gives great signals

3sma+2 is primarily just for re-entry in a decent trend

 

[snarlyjack]

So your entry is on the SMA8 + 2 not on the SMA3 + 2?

If so I've had my entry signal's turned around. How'd that
happen. So your only using the SMA3 +2 as a "reentry/stop"
signal?

thanks that helps clarify the system!!!

snarlyjack

 

[maildigger]

What is a Sma3 + 2 ? What does the +2 stand for?

 

[snarlyjack]

Maildigger,

I'll try to help you out...

SMA3 + 2 = 3 Simple moving average with a 2 horizontal shift
to the right. Some programs will do this horizontal shift, some
won't.

I used to trade with Omnitrader program. Omnitrader would
not do the horizontal shift of the moving averages so I had
to switch programs to E-Signal which does the horizontal
shift.

The horizontal shift "curves" the moving average differently than just a regular moving average. The horizontal shift is one of
the secrets to the SPM system.

snarlyjack

 

[jimns]

Maildigger

T28 actually uses a triangular moving average +2 but some platforms don't have that indicator and it was determined hundreds of pages ago that the SMA+2 was close enough.

Also note that with some platforms, TradeStation for instance, a +2 is a shift to the left. So a -2 is necessary with those platforms - just be sure to do what ever your platform requires to shift right.

jimns

 

[jimns]

Quote from snarlyjack:

The horizontal shift "curves" the moving average differently than just a regular moving average.

Snarly

Nahh! There's no "curve" from the shift. It's just a shift.

jimns

 

[JimmyJam]

Quote from nmeds:

Boring morning but the 2min is kicking some A now

That's a big yeah to downslide! ... but my morning wasn't really so boring ...

JJ

 

[browntb]

I've been following this thread for awhile because I trade in a similar fashion with a few differences. Anyway, I added the 8 SMA with the offset today as an intermediate trend indicator. Made a big difference for me. Thanks to whomever suggested it.