What values do I use for charting SMA values like the 9 day and 21 Day in the 30 min intraday chart

asked Apr 18 '12 at 13:59

Scottj7801's gravatar image

Scottj7801
21 12


This really isn't going to work in my opinion. In this case the conversion ratio from one period to the other (13:1) will give you a very inaccurate proxy/representation.

I would suggest looking at the chart in multiple time frames and making a note of your key levels in the higher time frame when working in the lower one.

Someone else here may have another more creative approach...

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answered Apr 18 '12 at 15:08

AgnosticTrader's gravatar image

AgnosticTrader
8.7k 2636

What are you attempting to accomplish?

I am asking specifically, because there is "no best way" to trade. For example, here are some examples of what various trader / technicians present:

Farley - he suggests you use fib numbers (personally uses 5, 8, 13 EMA ribbon)

Turtle Traders - used a strict Donchian Crossover Method (10/20 DMA) to trade

Murphy - 13/34 EMA crossover to discover trends and trend changes

Elder - he has mentioned his use of 13/65/200 EMA's

Every trader has to make their own selection, but more importantly has to decide the purpose of MA method (e.g., trend change, trade entry, trade exit, buy pull back). What are you looking to do?

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answered Apr 18 '12 at 15:38

Anonymous's gravatar image

Anonymous
7.3k 38

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answered Apr 18 '12 at 18:49

Tango's gravatar image

Tango
845 11118

1

Thanks for sharing.
I enjoy new ways of visually "seeing" the price action.
Your chart certainly fits the bill.
Thanks again.

(Apr 18 '12 at 20:27) Petero1298 Petero1298's gravatar image

Anonymous: Speaking of crossovers did you just cross over the 4k K's mark?? Congrats.

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answered Apr 18 '12 at 16:00

Windsurf's gravatar image

Windsurf
10.2k 196148

1

thanks, Windsurf

(Apr 18 '12 at 20:12) Anonymous Anonymous's gravatar image
1

Congrats on the 4K mark.

(Apr 18 '12 at 21:47) ekwong ekwong's gravatar image
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answered Apr 18 '12 at 18:50

Tango's gravatar image

Tango
845 11118

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Asked: Apr 18 '12 at 13:59

Seen: 2,120 times

Last updated: Apr 18 '12 at 21:47