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Profile: BBolger
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User Name: BBolger
Groups: Gold User, Member, TeleChart
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Joined: Wednesday, January 26, 2005
Last Visit: Tuesday, January 23, 2007 3:55:06 AM
Number of Posts: 1
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Topic: Moving Averages (will this work)
Posted: Friday, November 11, 2005 6:12:42 AM
Surely the 10 day moving averages used this way provide very little information. Crossovers are too insignificant to be relevant since latest data used in the calculations is the same for both simple and exponential moving averages, however all depends on your timeframe. For rolling stocks, I like to use 10 and 20 day exponential moving averages, together with stochastics (15,2,2). Never buy unless oversold and stochastics ticked up on last trading day. I would also use other indicators to confirm a change in direction.