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Dear Lti12:
It seems as if you are desirous of utlizing the one minute chart. This is very good. If the moving averages on your particular chart is measuring in one minute, then, by all means, you can experiment with the one min. charts. You have said that it is very useful to you, and will be more so when trading the higher volatility stocks, such as: AAPL, OIH, GS, MON, RIMM, SKF, etc. You will also be happy with the MACD action with this time interval.
Bid you well.
eddyvideostar 2 years ago
Sticking to an ugly looking chart - after a nice run - and squeezing a few more pennies was brave. As a matter of fact the stock closed lower than where he sold and it was obvious that this was going lower.. "Flight to quality was a wrong thing to say because it was not a flight to quality. Gold stock are nothing more than shorting the market on ugly days. There is nothing quality about them at all. As always thanks for another great video.
tradebliusa 2 years ago
Great as always Andy !!, And Yes, It is an art not a science so from now and on I'll call you the maestro , Best rergards to you and to Steve.
radjune1970 2 years ago
Actually, I don't think I want to change it. I am trading paper money, and I discovered a use for that moving average that calls out an up move 80 to 90% of the time.
I'm just wandering what it would be on e-signal. Probably a 5 period
lti12 2 years ago
LS moving avgs are a little messed up. we figured out that even when you are on a 5 min chart the avgs are calculated on a 1 min. you have to trick the platform by multiplying each avg by 5 to get the 5 min chart avgs (so use 50,100,250)
andyatm2000 2 years ago
yes
andyatm2000 2 years ago
Sorry about that. Didn't pull it up high enough
andyatm2000 2 years ago
is that yellow line a 10 period moving average?
If so, why is it more loose then my 20 period moving average, on the Lightspeed demo chart?
My 20 period reacts faster to movements and is closer to the candles
lti12 2 years ago
are those 5 minute candles??
freethought23 2 years ago
hey andy great job as usual, btw u spoke about ur blotter but didn't show it :)....wow u got FAZ on Friday, timing was excellent
DayTrader74 2 years ago