moving averages do really work?

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mrluck1
926
mrluck1  

Can i find a perfect combination between several moving averages or several moving averages and some other indicator, 

and i will find the holy grail, or they all  already've been exploited?

untilisleep
241
untilisleep  
mrluck1:

Can i find a perfect combination between several moving averages or several moving averages and some other indicator, 

and i will find the holy grail, or they all  already've been exploited?

Yes they do really work in higher timeframes.
mrluck1
926
mrluck1  
if they only work in higher timeframes, what actually does work on 5 min chart? 
anurag bhargava
558
anurag bhargava  
They work some time,not always.
But one thing always work,brain.
So friend,instead of following these MA's and into other indicators,learn how to trade.
Don't take it otherwise,I am sorry if hurted your feelings anyhow.
Waseem Raza
9996
Waseem Raza  
anurag bhargava:
They work some time,not always.
But one thing always work,brain.
So friend,instead of following these MA's and into other indicators,learn how to trade.
Don't take it otherwise,I am sorry if hurted your feelings anyhow.
Quite Agree  indicators can not help in manual trading  ,  but  we mostly use these for auto trading , Like someone asked to me  when warren buffet does trading in past that time wasn't these indicators and ea's how this question can surprised us but I said that time wasn't cell phones  now we use !!!
anurag bhargava
558
anurag bhargava  
Waseem Raza:
Quite Agree  indicators can not help in manual trading  ,  but  we mostly use these for auto trading , Like someone asked to me  when warren buffet does trading in past that time wasn't these indicators and ea's how this question can surprised us but I said that time wasn't cell phones  now we use !!!
Yes,use them,I don't mind using them,me too use one of the indicator.
But using them blindly,and arguing the price movements because of any indicator or any EA suggesting so,i think it's foolish.
Using indicators with brains and strategy can be useful,alone they r equally harmful for trading.
mrluck1
926
mrluck1  
but if moving averages fails so much at lower timeframes, whats the best way or indicator to use for scalping, in your opinion? 
Dua Yong Rew
5437
Dua Yong Rew  
mrluck1:
but if moving averages fails so much at lower timeframes, whats the best way or indicator to use for scalping, in your opinion? 
means you are trading blindly. you need to see other "factors" too
Waseem Raza
9996
Waseem Raza  
mrluck1:
but if moving averages fails so much at lower timeframes, whats the best way or indicator to use for scalping, in your opinion? 
Bigger time frames more effective 
untilisleep
241
untilisleep  
mrluck1:
if they only work in higher timeframes, what actually does work on 5 min chart? 
It is very difficult trend trade in 5 Min charts. You shall try Grid based strategies to make use of market volatility (Ex: Hedged Grid Strategy) at your own risk.
Charlie Alberti
142
Charlie Alberti  
mrluck1:

Can i find a perfect combination between several moving averages or several moving averages and some other indicator, 

and i will find the holy grail, or they all  already've been exploited?

I have trade sometimes with Moving Averages and used it with other indicators, but never found the Holy Grail for myself. What I have learned is that when you recognize the candlestick patterns and combined this with some Moving Averages and/if indicators, you can create your own system that works for you. I believe that trading is something personal and that you have to figure out which timeframe(s) you want to trade and what fits you best. For me the H1 and H4 is working the best for me, but that is personal. Waseem Raza has right: Bigger time frames are more effective! Good trading luck!
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