My 8OC trend indicator on MSFT daily

2021년 10월 7일

For many years traders have used moving averages of closing prices to trigger trend changes. Historically crossovers such as the 50 day/200 day methodology are extremely inaccurate and tend to be late in picking tops and bottoms. I find that a more fruitful approach is to compare averages of closing prices versus moving averages of opening prices. Of course this approach also requires a trigger, a stop, a target, and a prophet maximizing methodology. Although it can be used in any timeframe, the larger time frames such as weekly yield are stable results. If you're interested let me know and I can provide more granularity. RBT