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Author Topic: Moving Averages  (Read 3253 times)
notme
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December 29, 2013, 04:25:41 AM
 #41

You can make fiat trading EMA but you'll probably have less and less coins with time.
IIRC, Goombo provided backtesting on his daily EMA trading system and it outperformed "buy and hold" (by what margin I do not recall). This suggests that, if fiat gains are reinvested, that you will have more and more coins with time.

I'm on my phone now so please tell me I don't have to dig up the post where Goomboo explains why even though his strategy can't match buy and hold it is preferable for those who want to minimize the risk of fiat loss.

TLDR: YDRC (you don't remember correctly)

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Hunterbunter
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December 29, 2013, 04:44:35 AM
 #42

If you're going to use moving averages, that's fine, just stick to long term trading (1d or longer) and stick to your strategy.
empoweoqwj
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December 29, 2013, 04:58:39 AM
 #43

If you're going to use moving averages, that's fine, just stick to long term trading (1d or longer) and stick to your strategy.

Anyone that used EMA with < 1 day trading would get absolutely killed in fees alone. Much longer timeframe is needed.
TERA
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December 29, 2013, 12:50:12 PM
 #44

If you're going to use moving averages, that's fine, just stick to long term trading (1d or longer) and stick to your strategy.
If you look at spring/summer 2013, the 1D MA alone was not a very good indicator for entries and exits.
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