For each day of trading, we can try different EMA number to find a better fit. Just remember that the EMA number is not fixed, it should be tuned due to different trading conditions.
2/25/2011
Trend Following.5 - Day Trading
We used an intra-day 1-minute chart to trade. Using Exponential Moving Average(15) as the indicator. Different stocks may use different EMA number. We can add another chart for reference or comparison. For example, if we want to trade IWM, we can use SPY as a reference for the entry/exit signal.
For each day of trading, we can try different EMA number to find a better fit. Just remember that the EMA number is not fixed, it should be tuned due to different trading conditions.
For each day of trading, we can try different EMA number to find a better fit. Just remember that the EMA number is not fixed, it should be tuned due to different trading conditions.
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