Darryl Guppy's multi moving averages.
From his Trend Trading Book - the template is in Metastock charting program.
The blues are 3 5 8 10 12 15 day moving averages.
The reds are 30 35 40 45 50 60 day MA.
He reckons the blues represents traders and the reds represents investors.
Good for trade entry calls, trade exits (along with other indicators) and very good for managing your trade.
I was looking at getting out of 1PG when it went above $3 but with the chart I stayed in until Monday - 5.06. There wasn't any real signal to sell but I needed the money real soon and decided to protect the profit I had just incase it fell.
A few little explanations in the chart. Anything you would like to know fire away. Sorry for the late reply I'm travelling at the moment.
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