XJO 1.34% 7,971.1 s&p/asx 200

gmma moving averages, page-5

  1. 9,803 Posts.
    I used to use gmma's several years ago. They do serve a purpose but seemed to me to be too open to interpretation, needed more precision. Some things become obvious with them, like a bubble or a fast crossover, but there are many times when they are just inconclusive. I think the macd serves a similar purpose and is more defined. No ma system works by itself in sideways markets.. too many whipsaws.. and markets spend 80% of their time basically sideways. I guess the gmma system will work well at telling you which markets are trending, so it can be useful at telling you which markets to trade if you like a trending market.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.