"I'd go to the 15 minute chart and if they were also aligned, I would buy/sell when price interacted with the 34 moving average." Do you mind expanding on this please? Specifically when you say price interacted with the 34 MA?
Steve uses 8-EMA, 50, 200-MA Signal review and EOD chart calls from April 29th, 2021. How have Steve's calls fared? (Two to Ten Day Holds) https://stockcharts.com/freecharts/ cued ...
anchored VWAP https://duckduckgo.com/?q=VWAP+&t=h_&ia=web https://www.youtube.com/results?search_query=VWAP+
If I trade using moving average, then I wouldn't be able to trade at all. I remembered 40 years ago, I manually plotted moving average line on the graph paper. Every evening, I'd use the calculator and calculate the MA. I could only plot MA5. CANNOT PLOT MA 10, MA20, MA100, MA200 .... !!! It would be hell plotting it !!!!
Good to know max. https://elitetrader.com/et/threads/if-you-trade-using-moving-averages-how.348192/page-5#post-5490063
The analysis depends on the duration of the moving average period. Usually, the period of 21 days is used to analyze the trend using a moving average. The larger the indicator setting, the longer the period it analyzes the trend and provides a more reliable analysis. If you reduce the duration of the analysis, the results can be inaccurate and provide false signals.
%% I see your points; but using a 50 or 55.................. day moving average with discretion, seldom gives false signals. Cross overs may give plenty of false signals, especially on smaller time frames.
I always try to find best confirmation to cross over and so for that I see volume candles too, what you see for making your prediction more assuring?
%% Moving average crossovers are so hated, so lagging/no wonder they can still work well; 50 or 55dma + 200 day movin' average can still work well. I sold my QLD this month well before it crossed 50 or 55 dma. Planned on selling my UDOW[ smaller than QLD position]but it's doing better than i thought , so i may may not sell it @ all. DEC 1st tend to be a bit weak on dow, so i'll have to wait + see......[Edit/ Best thing about about 50/55dma/200dma they help profits run + run, maybe not in SEPTember, but November/December/Jan...........................................................]