MA basic and cross combinations

[checkmail]

Hello friends this is checkmail and am testing few MA cross combinations for now, and would like you to share your basic MA as well as cross MA combinations/strategy here.

 

 

Thanks in advance.:)

[gregox50]

Hi Checkmail,

I bought a course that was only on the net for a while and the guy had won an American competition, first prize $50,000.

I've taken to using his simple system because it is safe and consistent. He only used it on the Daily and Weekly but he must have had lots of money to trade. I use it on the hourly and 4hourly.

It is 3 ema's, the 3, the 6, and the 18 ema. He said he had researched for years and found this was the best combination that he'd ever found. 3x6=18. He mainly waited until the trend was established and then traded pullbacks. You just watch the 18 and as long as it stays in the direction of the trend you jump in once the 3 crosses back over the 6 at the end of the retracement. The only other indicator he used was a MACD for divergence. It's all pretty basic but it works well especially on the 4hr.

Hope this helps

[checkmail]

3-6-18 ma

 

Hi Checkmail,

I bought a course that was only on the net for a while and the guy had won an American competition, first prize $50,000.

I've taken to using his simple system because it is safe and consistent. He only used it on the Daily and Weekly but he must have had lots of money to trade. I use it on the hourly and 4hourly.

It is 3 ema's, the 3, the 6, and the 18 ema. He said he had researched for years and found this was the best combination that he'd ever found. 3x6=18. He mainly waited until the trend was established and then traded pullbacks. You just watch the 18 and as long as it stays in the direction of the trend you jump in once the 3 crosses back over the 6 at the end of the retracement. The only other indicator he used was a MACD for divergence. It's all pretty basic but it works well especially on the 4hr.

Hope this helps

 

Hello gregox50 this is checkmail and would you be more specific about your strategy as to its an basic MA or cross, as 3 above 6 and 18 in trend direction, also its using shift, open/close, etc stuff.

[gregox50]

Also, which is probably pretty obvious, the 3 doesn't have to cross over the 6 during the retracement, it sometimes just heads towards it and then turns and continues in the direction of the 6 and 18. You just keep placing sell or buy stops under/above.. the candles as they retrace towards the 18, if you know what I mean.......Greg Edited December 6, 2010 by gregox50

[gregox50]

Hi Checkmail,

The ema's are exponential on the close, no shift..As I mentioned the strategy is mainly used for pullbacks in a trend so in a downtrend the 3 and 6 would be below the 18 and above the 18 in an uptrend. A lot of times I jump in when the 3 and 6 are crossing the 18 for the first time which is the start of a trend and then add to the trade when the 3 and 6 retrace towards the 18 and turn back in the direction of the trend (or 18 direction)

I also use a Stochastic set to 30, 5, 10 to give me an idea if the trade might have a chance of a big move. I put that on the 4hr.