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I spoke to my mate about that EMA system, he wrote it off the top of his head during lunch hour. asked him to back test it and he says its return is about 17% .I also think volume should play a role in the system. At the end of day most of the indicators are a derivative of Price, Volume and Time.
I spoke to my mate about that EMA system, he wrote it off the top of his head during lunch hour. asked him to back test it and he says its return is about 17% .
I also think volume should play a role in the system. At the end of day most of the indicators are a derivative of Price, Volume and Time.
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