Jump to content
Sign in to follow this  

Up To 8 Moving Averages

Recommended Posts

All trading involves risk. Losses can exceed deposits.

Hi All,

 

I am happy to announce a new feature on the New Web Trading Platform, (one that was suggested by quite a few of the platform users). You are now able to make use of up to 8 moving averages as shown in the screenshot below. 

 

moving average.PNG

 

If you have any more ideas on how we could improve moving averages then please let us know.

 

Thanks

Anton

Share this post


Link to post

Hi Anton,

 

Could you please add Exponential Moving Averages? They are a useful addition to Simple Moving Averages which you already have.

 

Thanks

 

Cy Garvie

Share this post


Link to post

Hi ,  which platform did you mean? I think they all have ema's. On the new platform it's listed by the letter E and so nowhere near 'Moving Average' which is not how most platforms do it so you may have missed it. Smoothed, Linear Weighted and Hull would be useful sub section additions.

 

ema1.PNG

Share this post


Link to post

Hi ,

 

found EMA on the new platform. Thank you very much for your help.

 

 

 

Share this post


Link to post

Good morning

 

Thank you for the update. Is there any chance of getting the Hull Moving Average or Guppy Moving Average on the system? Furthermore is there a way of then hiding the actual price action just to focus on the averages?

 

Thanks

Share this post


Link to post

Difference moving averages don't make any difference, existing MAS can be adjusted with settings to give desired results.

 

Use stochastics , it ia good price action analysis indicator..It is used by professionals, you don't need individual candles..........they can be confusing.Pick out the relevant info from this post.

 

https://community.ig.com/t5/Platform-and-App-Technical/Price-action-indicator-doing-automated-p-a-anylysis/m-p/25707#M1022

Share this post


Link to post

Moving averages make a great trend indicator as well as providing dynamic support and resistance. The Hull MA is a bit different as it is designed to greatly reduce lag. There are plenty of Hull MA indicators to download for the MT4.

 

Here is a link to Alan Hull to explain the indicator for himself;

 

https://alanhull.com/hull-moving-average

 

hull1.PNG

Share this post


Link to post

The OP can use tick charts , these are even faster  or the poster can use faster lwmas, none of these make any more difference.None of have have an edge.

 

https://tradingsim.com/blog/hull-ma/

 

The faster the moving average,the more fake signals .

Share this post


Link to post

Yes, the fewer the periods the more false signals, that's just the same as stochastics then, in fact it's the same for any indicator. The more periods used for the calculations a later the arrival of the signal but fewer false ones.

Share this post


Link to post

The faster the moving averages, the more the false signals, the greater the losses.The stochastics is king of all indicators, it eliminates the need for price action candles false noise.

Share this post


Link to post

EA trader - asked this a number of times but never had a reply. It seems you don’t like technical analysis and you moan about it a lot, yet you use EA’s...

 

How? Why?

Share this post


Link to post

Panda

 

I never said I did not like t/a , I just use it for very high probability entries.I don't look at 50 candles to read price action, to read rice action, I just use sexy stochastics.

 

Where did I say I did not like TA?tTA is 5 % of the trading skills.

 

Iam part of the TA rebuttal team, we all work in teams.

 

Share this post


Link to post
Guest
This topic is now closed to further replies.
Sign in to follow this  

  • Member Statistics

    • Total Topics
      7,629
    • Total Posts
      39,148
    • Total Members
      49,326
    Newest Member
    Seagrove
    Joined 19/10/19 18:34
  • Posts

    • Hey @dmedin. That news piece is something I long suspected. If anyone can move the market with just one tweet then why shouldn't the cronies profit from it. I'm just surprised this has taken so long to get to the "news".
    • Ok, so I took this approach to the next level. Rather than telling the algorithm enter long at 25% and enter short at 75% levels, I decided to let the algorithm decide itself at what levels its best to enter short or long. This simplifies the strategy and boosts its gains dramatically. Top level stats over 100,000 5min candles: Gain: +1,307% % of winning trades: 60% Starting with a £2000 account, after 1 year and 1 quarter that account would have grown to almost £30k (£28k). The equity curve looks also a lot more stable, too. I resolved the issue with the lot size, this is now a formula. Unfortunately we still have 3 negative months, but overall the max runup is a lot higher than the max drawdown. Overall time in market is only 20%, so there should be the opportunity to run multiple of this strategy on different assets simultaneously to further boost the return. If let's say 3 of these programs could run simultaneously and deliver similar results you could grow £2000 to £100k within about 18 months. Still not as good as the results of the few world-class top traders like Ross Cameron from Warrior Trading, etc but a start nonetheless. The variables which the program optimised are the following: Take Profit for Long Positions: 84 points Take Profit for Short Positions: 70 Points Entry LvL for Long Positions: 23 Points below the low of previous day Entry LvL for Short Positions: 7 Points below the high of previous day Interestingly, it turned out the strategy works best without a set stop-loss, but just to close out any open positions at 21.00 o'clock at night, if not already closed by the take profit rule. I'm gonna simulate this on NASDAQ next. Obviously will need to find out the 4 variables again, as these will be subject to the Index where this is traded.   What do you guys think? Worth a shot this strategy?  
    • Lool, I'm sorry for my first post here, but it's funny :)
×
×