There's a consistent problem with talking about a form of technical analysis (it works or it does not work) when discussed by someone that say they've "tested it" and they expect answers from anonymous public when there's no chart examples to visually explain their test results. Just as importantly, there's no posted statistics to verify their results. My point, it just turns into another philosophical discussion until the next person comes along and does the exact same type of discussion without charts and without the statistical results. wrbtrader
%% Exactly; + a problem with moving averages is operator trouble. Assume they are tracking correctly which is not true all of the time................................................,.
Why do moving averages SUCK so much? Lack of performance stats on the part of the user for the implementation of interest? eg. Engulfing at Resistance entry trigger per Bigalow T-Line Trade MSTR https://elitetrader.com/et/threads/...at-right-here-baby.343012/page-8#post-5388902 Trading the T-line - cut to the chase ... Stephen Bigalow https://elitetrader.com/et/threads/...t-right-here-baby.335635/page-15#post-5162295 "Trading an Engulfing Candle at Support & Resistance provides greater conviction." https://www.elitetrader.com/et/thre...t-right-here-baby.335635/page-10#post-5014575
%% Good points; except a PSAR[paraboilic stop and reverse] could substitute for moving averages. BUT it tends to lag more/ so may not be suitable for all investors. On the monkey pattern,TX teacher said he finally got rid his monkey, never would groW out of monkey diapers\LOL..........................................................................