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john2000- i find it interesting that people put so much time in back testing -when they call it futures -
pick any stock in play -like apple for the nq move -and back test it
or years ago now US steel for the s&p -if my memory is correct i believe it went to 177-you can back test all of these for 100 years with this system setup - yearly /monthly ect . just keep reducing the ma by equal mutiples -
15/75 ==90/450===5/25=====1/5 and you will see the answers
Not sure what you mean by "reducing the ma by equa l multiples". When you switch the chart from a 5min chart to a 15min chart for example, a 30/150 ma on a 5min chart is still, a 30/150 ma on a 60min chart. Isn't it? However a 30/150 ma on a 15min chart is a 90/450 ma on a 5 min chart, more or less.( I say more or less, because closes on a 5min chart vs. 15min price chart are not going to be exactly the same intrabar, but that gets to too much detail). Anyway, is that what you mean by "reducing the ma"?
boy 15 trader -had a trying day - he had a beautiful long from 1300.75 -
he took 3 ticks because his exit was 1 tick higher than allowed by our rules -
then he chose to fight it a few move times -and ended down the 80 he was up yesturday -
do to frustration he was done for the day -
when he looked back at what he had -he could not believe it -but time will improve his thought process- if he would have gotten in at 1300.50 his rules would have been met and he would have had a nice run untill the trend was broken
note on the big chart the trend did not fail till 1310.50 was broken or the break of the blue dotted line