%% THAT; +capital markets are not coin flips. Sure we may use coins; I never flip coins @ bank or vice versa. The bank teller, she counts money or change. I seldom use a wma or sma in a mindless mechanical manner; but good over line or underline with a plan. Good useful post.
Yes, and the reason for coin toss results with MAs is group delay (commonly called lag.) There are near zero lag MAs, but their filtering ability is very poor. That's physics at work, and not even Gauss, Euler, Fourier, Laplace, or von Neumann could invent a method to make it otherwise. Non-causal filters you say? Useless for trading realtime data such as financial data. Offline analysis? Perhaps, but I've never heard of anyone make claims of any success using them.
What are you talking about? I am putting on a long swing trade in realtime just using the SMA and an oscillator that just uses the SMA. Watch and learn. We came out of Oversold and it's cruising now. I am not sure that I would chase it here although I think it's in a fresh new bull market. The S&P and NASDAQ bull markets have gotten stale. Yesterday was a good entry point to go in as it held above the Stop loss level which is also just an SMA.
MA's are only a guide. If you use them as a reason/ criteria to enter, you will lose long term. I guarantee it.
Bro, The SMA is the shit. The MACD oscillator built from SMAs crossed over in Oversold. I might cash in some delta's but I might not do anything and just wait for a substantial pullback and add more deltas. The SMA will be the guide. Someday you might understand the true power of the SMA.
%% Good wise past trend comment; good wise present trend comment; good wise profit trend comment. I like 'em but they lag so much i use a PSAR+ Don Channels some also. Good long term win comment, only a guide, a general guide, a general guardrail
Just a slight pullback today but no problem. Trade is still on. I added more. The SMA based oscillator crossed in the oversold range on the hourly and looks like it's going to head back up.