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Seven Sentinels buy/Sell Signals vs 3/5 dma crossover


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#1 vitaminm

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Posted 25 September 2009 - 11:36 AM

Why bother to look at 7 indicators when dma crossover tells you all!

Look at this same chart at different time frames(15,30,60,90 min,daily,wkly and monthly)

Choose the time frame you like to trade.

Buy when 3dma>5dma
sell when 3dma<5dma

Intraday trend may or may not continue into daily/monthly trand!

Watch the trend which is friend!

http://charts.barcha...&...KIC&org=stk
vitaminm

#2 darnelds

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Posted 25 September 2009 - 04:08 PM

Vitamin, Nice work. Funky Monk showed a 10/20 dma crossover that had good results (except for the expected whipsaws when trend changes). Have you tried backtesting this in software such as Ninja Trader (free download) or wealth lab.

#3 vitaminm

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Posted 25 September 2009 - 10:47 PM

drn, I am not an expert in backtesting field.
vitaminm

#4 Mr Dev

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Posted 08 October 2009 - 03:30 PM

I've worked with the 3/6 4/8 etc since 1998 they work... lil differences in the MAs usually doesnt make a difference..a back test by one of our other members proved the 3/6 to be most profitable to all other oscillator he compared when back tested. Just gotta trade both ways..to make the most of it

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#5 vitaminm

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Posted 12 October 2009 - 02:01 PM

Did you viewers see hourly sell on this chart as seen by Seven Sentinels Hourly Signals?
vitaminm

#6 vitaminm

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Posted 29 October 2009 - 09:32 AM

Do you viewers see hourly buy on this chart as seen by Seven Sentinels Hourly Signals? you may watch red and blue line.
vitaminm

#7 diogenes227

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Posted 29 October 2009 - 03:53 PM

Do you viewers see hourly buy on this chart as seen by Seven Sentinels Hourly Signals?
you may watch red and blue line.

I guess so, but wouldn't it be less risky if the fast average was at least rising, to say nothing of crossing over the slow average? What's the stop here?

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#8 vitaminm

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Posted 29 October 2009 - 10:34 PM

One may use mental stop(1-5%) based on his/her risk tolerance level or parabolic sar stop within time frame.

http://www.incredibl...loss_orders.php

http://stocks.about..../a/stoploss.htm
http://www.comparesh...ert_broker5.php
vitaminm

#9 vitaminm

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Posted 30 October 2009 - 11:16 AM

See SSHrly sell on this chart......one indicator beats seven!
vitaminm