What's the best timeframe for using TA?

[farmerjohn1324]

Ok well I just backtested EUR/USD to see what would happen if I bought every time the momentum of 50MA turned positive, and sold every time it went negative. I was encouraged to do this because I saw it would have gotten me a nice gain since from 5/28 - 9/22.

But when I went back 9 months, I would have lost money at an annual rate of -334%/year.

Believe it or not, I've been down this road before... Of mathematically analyzing past TA indicators... And have never found anything to give me a statistical edge.

Suddenly occurred to me...

Why don't I just do the opposite of this? Lol.

 

[easymon1]

just backtested EUR/USD to see what would happen if

Want to give this a try?
3 Ducks Trading System
1. Buy conditions:
2. Sell conditions
Exit conditions:
https://elitetrader.com/et/threads/...hich-it-is-regularly-fed-to-a-machine.348850/
charts of
https://elitetrader.com/et/threads/...gularly-fed-to-a-machine.348850/#post-5180201

 

[farmerjohn1324]

Want to give this a try?
3 Ducks Trading System
1. Buy conditions:
2. Sell conditions
Exit conditions:
https://elitetrader.com/et/threads/...hich-it-is-regularly-fed-to-a-machine.348850/
charts of
https://elitetrader.com/et/threads/...gularly-fed-to-a-machine.348850/#post-5180201

I'll give it a try. Have you ever heard of Fiverr?

 

[misterkel]

longer the better. i think 1000 years is best but seems like only my grandchildren can close my trade

Your grandchildren will be alive in 1000 years?

 

[easymon1]

Like this?

https://elitetrader.com/et/threads/whats-the-best-timeframe-for-using-ta.350487/page-6#post-5210835

stuff happens

 

[Pekelo]

I always thought analfarme... I mean farmerjohn was Surf, but I could be wrong.

 

[themickey]

I always thought analfarme... I mean farmerjohn was Surf, but I could be wrong.

Surf don't ask questions, never in doubt, never wrong, has amazing prediction abilities.

Oops, missed - this aint Surf neither.

 

[farmerjohn1324]

I always thought analfarme... I mean farmerjohn was Surf, but I could be wrong.

Apparently you've heard of me? Cause I have no clue who you are.

 

[Pekelo]

Surf don't ask questions,

Not true. When he uses an alias he always asks mundane but incinerating questions (usually about TA), just like this thread.

Let's face it, the OP's question was pretty stupid...

 

[themickey]

Not true. When he uses an alias he always asks mundane but incinerating questions (usually about TA), just like this thread.

Let's face it, the OP's question was pretty stupid...

Yeah but stupid threads are good because everyone can then be stupid and no one need feel left out.