MA's vs EMA's

andrewmooton

Active member
192 1
I've just being toying around with some strategies that involve MA's and EMA's.

They involve buying and selling when they cross each other.

I was just wondering if anyone had any thoughts about the pros and cons of each one.

Cheers,

Andrew
 

elliottmillion

Junior member
29 0
my opinion, and its only my opinion, its a waste of time.

i have tried it exhaustively many many many times. are you using other indicators as well??

personally, i wouldn't use MA and EMA by themselves
 

andrewmooton

Active member
192 1
Yes I was just practicing day trading the dow using nothing but the cossover of the simple MA or exponential MA.

What would you suggest as an alternative?
 

oatman

Senior member
2,879 22
Don't forget Weighted MAs. I played around with 21 & 55 on 1min for a while. OK when the market was trending. I think it's one of those things you look at from time to time.
Like all indicators, it's OK if you need something to "hold your hand" when you're in a trade.
I've used them for confirmation. ie. I wouldn't enter against the MA.
To be honest, I'm not keen on any indicators.
 

chump

Senior member
2,212 274
As per Oatman..I also am not keen on any indicators..this may not be specific enough to help you..but do you wish to try and think about strategies from a different slant..that is do you think any strategy that is highly transparent will make consistent profits ? Xovers in the main fall into that category...
 

elliottmillion

Junior member
29 0
everyone has tried moving averages of some sort. I once had a moving average optimiser and spent hours everyday finding a good combinition, sometimes using 7 or 8 moving averages at once, othertimes just using one.

markets change so often so you can't keep using the same MA combination for long
 

iceman1265

Newbie
8 0
Andrew
I successfully day trade the Dow using only SMA's and achieve an average profit of 50+ points per day. It may not be the best strategy, but it is simple to understand and works for me.
Ultimately success is achieved by what works for you as an individual, not what does or doesn't work for others.

Iceman
 

andrewmooton

Active member
192 1
I'd really like to know how you make 50 points per day on the dow Iceman.

I'll be your best mate if you tell me.
 

chump

Senior member
2,212 274
"highly transparent"..I mean anything that must be blatently obvious to the majority of onlookers
 

andrewmooton

Active member
192 1
In answer to you question then chump, i'm not sure if such a system would give consistent profits.

I dont have enough knowledge or experience to answer such a question.

What do you think about it?
 
 
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