MA Cross and Ranging Day Whipsaws

Discussion in 'Technical Analysis' started by cowcool, May 17, 2009.

  1. cowcool


    I like 15 and 50 EMA Macross but this system tend to generate whipsaws on ranging day. Is there a way to make this thing works on a ranging day?. I have tried MA cross with ADX (an indicator to evaluate the strength of a current trend) and only enter a trade if the ma cross is confirmed by ADX > 25 , but this doesn't seem to be working.

    Can MA Cross be used profitably on a ranging day and how to reduce whipsaws on a ranging day?.

  2. cowcool


    Here it is , please take a close look at the highlighted sections. What I want to accomplish is to remove false/weak buy/sell signals
  3. clacy


    If you can figure this question out, you will become a very wealthy man in no time.