StockFetcher Forums · General Discussion · WHY DO YOU USE INDICATORS THAT CHANGE VALUES WHEN PERIOD CHANGES?<< >>Post Follow-up
TheRumpledOne
6,362 posts
msg #116328
Ignore TheRumpledOne
10/29/2013 5:02:07 PM

WHY DO YOU USE INDICATORS THAT CHANGE VALUES WHEN PERIOD CHANGES?




karennma
6,831 posts
msg #116330
Ignore karennma
10/29/2013 8:01:04 PM

Hi TRO,
Thanks for the video.
I ONLY use one minutes charts ... for that reason.
But, I'm prolly the dumbest one here, so what do I know!
:>)~


karennma
6,831 posts
msg #116331
Ignore karennma
10/29/2013 8:05:38 PM

Holy Crap!
1,022 videos?
I didn't know you had a you-tube channel!


Eman93
4,659 posts
msg #116334
Ignore Eman93
10/29/2013 10:47:41 PM

Our job is to identify future price points where a change in direction or momentum will occur.

What causes price to change direction? (bullish example)
Buyers overwhelming sellers............but what causes buyers to take action? Price is only part of it..

A moving average. chart time frame, or any indicator are only variables in a very complex equation that pulls buyers into the market or makes sellers turn into buyers. I do not think indicators can be discounted all together.

An oversold RSI(2) of 0 on weekly, daily, hourly works..


alf44
2,025 posts
msg #116336
Ignore alf44
modified
10/29/2013 11:56:27 PM

... just an FYI ...

NOTHING IS PERFECT !!!

In trading ... or, ANYTHING ELSE ... uhhh ... and that includes ... ah hem ... "horizontal lines" vs. "squigglies" !!!

We ALL know (or, should know) that ANY ... ANY indicator ... is a mere interpretation of past price action !!!

That said ... the implementation of MULTIPLE moving averages (of shorter / longer time frames) ... do a very good job of representing ... CHANGES in ...SHORT / INTERMEDIATE / LONG term trend !!!

YES !!!

They're "lagging indicators" ... understood ... nevertheless, they DO provide a "context" that has value. IMO

---

Avery ... I may be wrong ... but, I think everyone here understands what a freakin' Moving Average is/does ... and understands the benefits of them ...as well as, their shortcomings !!!

To preach otherwise ... as though we ALL just fell off the "proverbial turnip truck" ... is downright laughable !!!

With all due respect ... "ponder that" !!!


Regards,

alf44

.

four
4,005 posts
msg #116337
Ignore four
modified
10/30/2013 12:12:37 AM

Some "moving" thoughts:

   Gaussian Moving Averages and Semimartingales

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCkQFjAA&url=http%3A%2F%2Fpi.314159.ru%2Fbasse1.pdf&ei=bIZwUpG6EKXKyQH07IHYDQ&usg=AFQjCNG-YHPfBHzecgTfJgyDFa6ZLobP7w&bvm=bv.55617003,d.aWc&cad=rja

   Relatives of the moving average filter include the Gaussian, Blackman, and multiplepass
   moving average. These have slightly better performance in the frequency domain, at the
   expense of increased computation time.

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CDIQFjAB&url=http%3A%2F%2Fwww.analog.com%2Fstatic%2Fimported-files%2Ftech_docs%2Fdsp_book_Ch15.pdf&ei=bIZwUpG6EKXKyQH07IHYDQ&usg=AFQjCNGMcWG1LyiEq5goJZnXy56sOq_Etg&bvm=bv.55617003,d.aWc&cad=rja

Kevin_in_GA
4,552 posts
msg #116338
Ignore Kevin_in_GA
10/30/2013 7:15:17 AM

Simple solution - don't change time periods.

Kevin_in_GA
4,552 posts
msg #116341
Ignore Kevin_in_GA
10/30/2013 8:53:23 AM

Look at P&F, Kagi and Renko charts as well. The application of indicators to these charts is essentially time-independent, but in general I have not seen much value when I play with standard indicators on these charts over at stockcharts.com.

TheRumpledOne
6,362 posts
msg #116391
Ignore TheRumpledOne
10/31/2013 5:47:50 PM

WHY DO YOU USE INDICATORS THAT CHANGE VALUES WHEN PERIOD CHANGES? PART 2





http://lessons.tradingacademy.com/article/system-trading/

Look at these charts:


http://charts.mql5.com/2/919/audusd-w1-fxdirectdealer.png

http://charts.mql5.com/2/919/audusd-d1-fxdirectdealer.png


alf44
2,025 posts
msg #116398
Ignore alf44
11/1/2013 12:11:55 AM

... is that a bullet hole in the door behind you ... above your right shoulder ?

.

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