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Swaminathan
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Everything posted by Swaminathan
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Hi, I am new here, but thought I could offer a way out of the whipsaw problem. I use the moving average on the high price for longs, and on the low price for short trades. If the price trades between the high and low SMA, it is generally found to be ranging sideways where you are prone to whipsaws. For my day trading, I look for price to cross the high sma. I use period 5 for the sma. Maybe you could put this on the charts, and adjust the sma period to suit your trading style. I hope this will work for you guys.