I have a question about moving averages and oscillators

Discussion in 'Technical Analysis' started by triggertrader, Jan 24, 2008.

  1. #21     Jul 29, 2022
  2. easymon1

    easymon1

    Your posts warrant consideration by traders and like all of us ET posters, the nubes are strongly advised to consider your sources, do your own stats, take what you need and bring back something of value when you can.

    That said...
    Actually that's a 10m CL oil chart. That's a 200MA so it reminded me of muray t turtle, the 200 guy. That ain't no bear in that timeframe, lol One nice long ride and done.

    Same thing for the 5m HG chart that follows it right here. One and done.
    https://www.elitetrader.com/et/threads/charts-for-no-reason.344272/page-29#post-5645543

    Where's all the mess? Where's all the noise? Where's all the fees?
    Methinks some of it may be in your head?
     
    #22     Jul 29, 2022
    murray t turtle likes this.
  3. maxinger

    maxinger


    I used to have lots of indicators as I was taught by
    my trading coaches who were unsuccessful traders.
    also, I learned about the indicators through trading books.


    It took me many many years to delete those indicators.
    I have been trading without indicators for 2 decades.


    I am sure traders will insist and persist to use indicators.
    They will continue to look for the ultimate magical miracle indicators.

    Good luck and happy hunting !!!!


    you can consider using this miracle indicator :

    https://www.elitetrader.com/et/threads/baba-game-over-back-to-the-rescue.366254/
     
    Last edited: Jul 29, 2022
    #23     Jul 29, 2022
    murray t turtle likes this.
  4. [partialQUOTE="maxinger, post: 5645597, member: 153904"]I used to have lots of indicators ...
    It took me many many years to delete those indicators.
    I have been trading without [indicators ]for 2 decades.
    I am sure traders will insist and persist to use indicators.
    ... happy hunting !!!!
    you can consider using this miracle indicator :
    https://www.elitetrader.com/et/threads/baba-game-over-back-to-the-rescue.366254/[/QUOTE]
    %%%
    Same here; except 20 years maybe not enough data for me; some times it is .
    Except even some indicators like 200dma or subjective patterns\/ like the old ''rabbit ears'' on old TV can be a good indicator??LOL:D:D The ears were a bout 3 feet long + rabbit head about 3 inches, E mon1:caution:
     
    #24     Aug 1, 2022
    maxinger likes this.
  5. %%
    EVEN moving averages which i haVe used for decades + still find helpful\
    dont help much in a sideways slop chop trend.
    The other indicator my help with a daytrade deadline; except in a good trend=useless.
    Glad to not have so much junk on my charts/you may differ=fine. But i seldom use PSAR +its on my charts mostly............................................................................................
     
    #25     Aug 2, 2022