moving averages usually have parameters that will look similar to this:
input int FastEMA=12;
input int SlowEMA=26;
input int SignalEMA=9;
you can adjust those values until your moving average lines look good... in the past.. perhaps during a backtest the parameters perform well..
but, we do not know which values must be set for real time live trading..
..and,you would need to know how to constantly and dynamically change those values, and nobody knows how to do that. (because those values constantly change over time)
ie, moving averages cant be used to create a consistently profitable trading algo.
input int FastEMA=12;
input int SlowEMA=26;
input int SignalEMA=9;
you can adjust those values until your moving average lines look good... in the past.. perhaps during a backtest the parameters perform well..
but, we do not know which values must be set for real time live trading..
..and,you would need to know how to constantly and dynamically change those values, and nobody knows how to do that. (because those values constantly change over time)
ie, moving averages cant be used to create a consistently profitable trading algo.