TA - same on different timeframes?

Quote from spike500:

I don't agree.
MA's can work in big timeframes but will perform much worse in smaller timeframes. MA's need big moves, but moves get smaller when timeframes becomes smaller. Even adjusting the parameters will not change the basis problem.

Whether an indicator works in all timeframes or not depends most on the speed of reaction of the indicator. The slower the reaction the worse the result in daytrading.
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It looks like you are not comfortable in smaller timeframes. MA works the same on the same pattern , no matter what timeframe it is, so do other indicators based on price . Some of the patterns are rarely present on daily charts but plentiful on 1 min chart.
 
I got one word for you all.... Fractals 1 minute chart is the exact same thing as a daily or monthly. It doesn't matter what timeframe for MA's etc. Its all the same.
 
Can someone comment on whether one is likely to find most well established trends in which timeframe? I hear some say there are more in intraday than daily, is this correct? Where do you find most?

Thanks!
 
Quote from elit:

Can someone comment on whether one is likely to find most well established trends in which timeframe? I hear some say there are more in intraday than daily, is this correct? Where do you find most?

Thanks!
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You have to decide for yourself. Put a couple of mas on a chart (say 9 and 18) and then keep adjusting the timeframe until you find periods or tick numbers of volume bar numbers that look trendy. Then go out of sample and see if those values continue to show trends best.
 
Quote from elit:

Could a system that works for EOD trading also be used in daytrading?

For example if I have a 20 day MA and a 5 day MA and a cross gives a buy signal.

Could this also be applied in daytrading, like a 20 hour MA and a 5 hour MA, or a 20 minute MA and a 5 minute MA?

And also a 20 week MA and a 5 week MA?


I have never ever tried daytrading, but I have done some initial tests with weekly data and my system also seem to give good signals for weekly data, but slightly worse results. This idicates that the shorter the timeframe, the better the results (That is a generalization). Could this also mean, that my system would give even better results for daytrading? Have any one of you noticed something lik e this?

Of course commissions and slippage plays a much larger role there...
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Thanks!
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Elit;
Yes some of the same principles apply /any market
but on ES day trade use profit targets more;
,MA too slow, but still help on charts.

Of course slippage. comissions, improper size, can ruin an unselective ES daytrader.

Prefer swing -position trades,moving averages not daytrades;
for real estate.
:cool:
 
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