QUESTION.
Does anyone know of a moving average cross-over signal and a separate moving average cross-over alert based on the IMMEDIATE crossing of two moving averages? This obviously will give many false signals for those waiting for confirmations, but for a scalper, it will be highly helpful as it can be used with other indicators to give a heads up for certain types of trade, REVERSALS in my case.
Attached are the only MA crossing signals and separate MA crossing alert that I have been able to find.
They fire too late to be of meaningful use, that is they only fire on completion of the timeframe candle. This lack of ‘meaningful use’ is directed at my own system and not a general comment.
Reversals are obviously the most profitable trades to get right and scalping within those reversals is a sound method of trading, that is scalping with the trend until there is a reversal – the perceived change in the trend.
Thank you in anticipation.
George
Trade what you see and not what you Hope.
Does anyone know of a moving average cross-over signal and a separate moving average cross-over alert based on the IMMEDIATE crossing of two moving averages? This obviously will give many false signals for those waiting for confirmations, but for a scalper, it will be highly helpful as it can be used with other indicators to give a heads up for certain types of trade, REVERSALS in my case.
Attached are the only MA crossing signals and separate MA crossing alert that I have been able to find.
They fire too late to be of meaningful use, that is they only fire on completion of the timeframe candle. This lack of ‘meaningful use’ is directed at my own system and not a general comment.
Reversals are obviously the most profitable trades to get right and scalping within those reversals is a sound method of trading, that is scalping with the trend until there is a reversal – the perceived change in the trend.
Thank you in anticipation.
George
Trade what you see and not what you Hope.
Attached File(s)
MA_Crossover_Signal.ex4
3 KB
|
878 downloads
MA_Crossover_Alert.ex4
10 KB
|
819 downloads