dear Jayakrishna,
This is a good system and it is called MAMA, although the strike rate for MAMA cross over is good on daily charts that to for too if you wish to hold the stock for longer period of time.
Also as i noticed there is a lag in entry and exit.
MEERUT MONEY MANAGERS (MMM)
www.meerutmoneymanagers.com
www.meerutmoneymana
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From: Jayakrishnan <jayakrish2001@yahoo.com>
To: Technical-Investor@yahoogroups.com
Sent: Sat, 14 November, 2009 10:46:45 PM
Subject: Re: [Technical-Investor] Time Frame
From: Jayakrishnan <jayakrish2001@
To: Technical-Investor@
Sent: Sat, 14 November, 2009 10:46:45 PM
Subject: Re: [Technical-Investor
| Dear Sir, I came across a day trading strategy in the net. The set up was with MA cross overs and stochastics. The author suggests to enter in 5 minute chart ema cross over signal and stochastic confirmation in both 5 minute and 30 minute charts. If stoch doesn't give bullish signal in 30 minutes chart he asks to wait. So multi time frame seems to do a fairly good job. For entry he uses lesser time frame (5 min). And for exit the longer time frame (30 min). By exiting in the long time frame chart, one can eliminate whipsaws to great extent and avoid early exit, I believe. Regards, Jayakrishnan. --- On Sat, 11/14/09, Meerut Money Managers <meerutmoneymanagers @yahoo.in> wrote:
|
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