Hi All,
Does anyone exit the trade using Moving Average trailing stop method? Have few questions like :-
1. Will the moving averages be different for different time frames. Like I know few people using 48 SMA on 1 Hr timeframe. So if I trade on 30 Min or 15 Min. Should it change accordingly?
2. Any standard value of moving average that can run on any time frame?
3. What is better to close the trade:-
A. Price touching the MA
B. Faster MA crossing over Slower MA. For Eg. 5 MA crossing 10 MA.
Appreciate any help in this regard.
regards,
Mehool.
Does anyone exit the trade using Moving Average trailing stop method? Have few questions like :-
1. Will the moving averages be different for different time frames. Like I know few people using 48 SMA on 1 Hr timeframe. So if I trade on 30 Min or 15 Min. Should it change accordingly?
2. Any standard value of moving average that can run on any time frame?
3. What is better to close the trade:-
A. Price touching the MA
B. Faster MA crossing over Slower MA. For Eg. 5 MA crossing 10 MA.
Appreciate any help in this regard.
regards,
Mehool.