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When Fast is up and Slow is down, go long until ask price => upper bollinger band
When Fast is up and Slow is up, go long until bid price => upper bollinger band
When Fast is down and Slow is down, go short until ask price <= lower bollinger band
What is the reason for using slow and if there is a reason What kind of MA method has the moving average
What bullocks can this be!
Assuming when you say fast ma and slow ma "disagree", to mean = they cross each other, and
when they "agree" means they are moving alongside = they dont cross each other.
So, in all cases, you still take their crosses, or otherwise, as SIGNALS!
When Fast is up and Slow is down, go long until ask price => upper bollinger band
When Fast is up and Slow is up, go long until bid price => upper bollinger band
When Fast is down and Slow is down, go short until ask price <= lower bollinger band
What is the reason for using slow and if there is a reason What kind of MA method has the moving average
I suppose I should explain myself better. By "up" I mean that the slope is positive and by "down" I mean that the slope is negative, regardless of which one is above or below the other....
As for the use of the slow moving average, this tells me whether or not the market is "crazy". If the fast moving average and the slow moving average "disagree" (ie: fast has a negative slope and slow has positive) then that means it could be a short term correction and if I can take my profit early, then I want to do so. As such, I look for the bid price to hit the lower band. This, instead of the ask price as the case would be if both fast and slow had negative slopes. If both have negative slopes, then it's more likely that the ask price will hit the lower band.)
So when slopes oppose each other, I "play it safe" and when they are agree with each other (both are negative or positive) then I "get aggressive".
Does that help?
I suppose I should explain myself better. By "up" I mean that the slope is positive and by "down" I mean that the slope is negative, regardless of which one is above or below the other....
As for the use of the slow moving average, this tells me whether or not the market is "crazy". If the fast moving average and the slow moving average "disagree" (ie: fast has a negative slope and slow has positive) then that means it could be a short term correction and if I can take my profit early, then I want to do so. As such, I look for the bid price to hit the lower band. This, instead of the ask price as the case would be if both fast and slow had negative slopes. If both have negative slopes, then it's more likely that the ask price will hit the lower band.)
So when slopes oppose each other, I "play it safe" and when they are agree with each other (both are negative or positive) then I "get aggressive".
Does that help?
If gradients of prices (or in this case MAs) are the consideration, you shouldnt even be looking at MAs or Bands.
Try regression techniques instead. They give a more accurate and smoother curves for gradient measures and price slopes.
What bullocks can this be!
Assuming when you say fast ma and slow ma "disagree", to mean = they cross each other, and
when they "agree" means they are moving alongside = they dont cross each other.
So, in all cases, you still take their crosses, or otherwise, as SIGNALS!
no, you misunderstand.
moving averages have slopes that change from time to time. If at this very moment, each has an opposing slope angle (one negative and one positive, ie: one is falling and the other is rising) then they DISAGREE.
If, however, both moving averages have positive (or both have negative) slopes then they AGREE.
When the status quo changes between both moving averages, then something might be happening requiring the trader's attention. When the prices move outside the deviation of the bollinger bands, that can be a take-profit indicator. This is simply an elaboration on a similar strategy I brought to this board back in March this year but sometimes the price went absolutely bonkers and ignored the "rules" causing catastrophic losses.
I believe I have found a way to curb that and make windfalls. It's extremely aggressive: Buy (or sell as may be appropriate) on every new bar open as long as certain conditions exist... and liquidate when the best opportunity arises. And if it turns out that WASN'T the best opportunity, jump back on the wave and ride it some more.
I won't say it can't fail but I have yet to see a two-day period wherein the gains do not outweigh the losses by 1000+ percentiles. So yes, you can take losses doing this, but my observations indicate they would be minimal. I just want to be deadly certain.
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