Quote:
Originally Posted by volvo264
Pipchaser,
Many thanks for the system. I do think the system will work well in a trending market such as we have been seeing recently as the credit crunch unwinds. But markets spend most of their time moving sideways which is when I expect a moving average based system like this will be in great difficulties.
What is your take on this salient point pipchaser?
Best regards.
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I am looking at a EMA angle indicator that I might add at some point in the future. I really need to look at the ranging market and see how the system would do with the current EMA settings. Good point on the consolidation.