Ok sure- The lines represent moving averages. My favorite is from the original Randy thread and represents a period 3ma (tan). Radatats is using T-3 which represents a 7ma, I believe, but if you overlay on my 3ma they are pretty close. Same is true of the 25ma Yellow on Randy's and a 27ma Blue on Radatats. Personally, I don't think it really matters. It's only what makes the trade easier for you to spot. I prefer the 3ma tan line because I like it long above and short below. Hope this helps. Newbie advice: plot everything and observe. Pick the best!
Quote:
Originally Posted by alpha1000
Summitfx:
I think your preference for Rad's nice smooth indicators is well-taken.
I am wondering if there might be a bit of inadvertent confusion around your posts, however, since:
(1) I think you are now using a BLUE 25 SMA, and a couple of weeks ago it was BROWN ... but the original RC charts always used a YELLOW 25 SMA ... and
(2) Recently, I notice you hardly ever seem to mark your point of entry or of exit on the charts you post. My guess is you feel they're pretty self-explanatory.
But complete newbies coming from the "Randycandles" info are then trying to "tune in" to what you are doing, and are seeing different color SMA lines, and not any markings for in/out, etc..
I think they may not be able to "see" why you are liking the results you are getting with Rad's indicators and may be having trouble relating to the charts you are posting.
If nothing else, if you care to once in awhile at least mark your entry / exit points, I think that would make your conclusions more easy to grasp.
Just a thought for your consideration.
Thanks,
Alpha
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