iCharts Discussions

sonila · Brown Belt Joined: 04 Jun 2009 Posts: 1786

friends,
one unique thing i noticed,which i want your clarifications.

For NF on 15.june.2012,in 30-min tf,with 34-3ma,if we take last 10-day chart,then candle closing @ 11.30,is the candle close above 34-ema.

But,if we take chart for last 5-days, then,candle closing @ 12.00pm,is the candle closed above 34- ema.

Moreover,if we take,chart for last 2-days,then, candle closing at 12.30pm,is the candle closed above 34-ema.

so, out of the 3 cases, which is more perfect and reliable ?

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

sonila, ema curve will be different for different number of days.

sonila · Brown Belt Joined: 04 Jun 2009 Posts: 1786

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

I don't know how many days' data you need to load for this strategy but I load max possible but actually see only about a month. Once you get max possible days or whatever numer you decide, I guess you will have to follow the same always. I don't follow this strategy

SAKLECHA · White Belt Joined: 26 Jan 2010 Posts: 333

HAI SONILA

LONGER THE PERIOD MORE RELIABLE WILLBE THE DATA AS FAR AS I HAVE SEEN