Simple Profitable Method

Discussion in 'Technical Analysis' started by trader28, Sep 6, 2006.

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  1. Since were stripping most (but not all) indicators from our
    screens. Do we really need the SMA8 +2?

    We want to keep a very simple, clean system. Not to much,
    not to little, just what we need to make good decisions...

    snarlyjack
     
    #2491     Mar 12, 2007
  2. it's a lot smoother than the 3sma+2 and gives great signals

    3sma+2 is primarily just for re-entry in a decent trend
     
    #2492     Mar 12, 2007
  3. So your entry is on the SMA8 + 2 not on the SMA3 + 2?

    If so I've had my entry signal's turned around. How'd that
    happen. So your only using the SMA3 +2 as a "reentry/stop"
    signal?

    thanks that helps clarify the system!!!

    snarlyjack
     
    #2493     Mar 12, 2007
  4. What is a Sma3 + 2 ? What does the +2 stand for?
     
    #2494     Mar 12, 2007
  5. Maildigger,

    I'll try to help you out...

    SMA3 + 2 = 3 Simple moving average with a 2 horizontal shift
    to the right. Some programs will do this horizontal shift, some
    won't.

    I used to trade with Omnitrader program. Omnitrader would
    not do the horizontal shift of the moving averages so I had
    to switch programs to E-Signal which does the horizontal
    shift.

    The horizontal shift "curves" the moving average differently than just a regular moving average. The horizontal shift is one of
    the secrets to the SPM system.

    snarlyjack
     
    #2495     Mar 12, 2007
  6. jimns

    jimns

    Maildigger

    T28 actually uses a triangular moving average +2 but some platforms don't have that indicator and it was determined hundreds of pages ago that the SMA+2 was close enough.

    Also note that with some platforms, TradeStation for instance, a +2 is a shift to the left. So a -2 is necessary with those platforms - just be sure to do what ever your platform requires to shift right.

    jimns
     
    #2496     Mar 12, 2007
  7. jimns

    jimns

    Snarly

    Nahh! There's no "curve" from the shift. It's just a shift.

    jimns
     
    #2497     Mar 12, 2007
  8. That's a big yeah to downslide! ... but my morning wasn't really so boring ...

    JJ
     
    #2498     Mar 13, 2007
  9. browntb

    browntb

    I've been following this thread for awhile because I trade in a similar fashion with a few differences. Anyway, I added the 8 SMA with the offset today as an intermediate trend indicator. Made a big difference for me. Thanks to whomever suggested it.
     
    #2499     Mar 13, 2007
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