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58094951 No.58094951 [Reply] [Original]

Is using the EMA Cross on a 9/26 timeframe a valid trading strategy? If so, which timeframe is best suited for this (15m/30m/1h/4h/etc)?

>> No.58094980

Waste of time. Every strategy seems to work if you adjust the timeframe or find the stock that fits strategy.

>> No.58095845

>>58094980
but bro i found this tg group where they give you a bulletproof strategy that makes 10-30% profit every month just gotta subscribe for 500 dollar monthly
>unironically had someone say that to me yesterday
>the same person lost 10k some 4 years ago when they fell for some fiat arbitrage bot that they too shilled to me
how these people end up having any money at all is beyond me

>> No.58095886
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58095886

Everything that keeps you from panic selling the bottom and FOMOing the top is a valid strategy

>> No.58096078
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58096078

>>58094951
EMA Crossover works.
I use the 1-day chart, just close prices.
I use a weighted average of many lookbacks: 2/8, 4/16, 8/32, 16/64, 32/128, 64/256 days.
I apply it to all coins traded on Binance. Pic related is only 50. My real performance is about 75% greater than shown in this graph.

>>58094980
Yeah, that would be over fitting.
I use the same signals on all coins and use a weighted average of many signals.
I always keep the ratio of fast lookback to slow lookback at 4 to reduce the parameter space.

>>58095886
A momentum strategy like EWMAC will tell you to buy the top.

>> No.58096652
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58096652

>>58095886
Yes. A simple EMA strategy will also keep you from getting FUCKING REKT on the downside. This idea is quite valuable in a speculative market.

>> No.58096844

>>58094951
TA isn't a trading strategy on its own. You don't buy shares solely based on the TA "looking good". Instead you should be finding a stock you want to buy based on fundamentals and the usual criteria, then use TA to decide when it's a good time to buy. Those types of strategies should supplement your main strategy instead of being your only criteria.

>> No.58099718

>>58096078
Anon, what’s your TG handle? Feel like teaching?

>> No.58101448

>>58096078
>>58096652
Thank you sers for your valuable insight.