You are viewing a single comment's thread from:
RE: Bitcoin (BTC) Evening Update: Path to Higher Highs
You have to adapt it, I always change the inputs-and I can enter what I like for the three waves while for the other one I can't . Then again this is about the seventh time that I'm trying to use MAs and for short term I really prefer Bollinger bands.
I don't get more out of BB than when things are going to happen, not what.
Wich Madrid have you tried? I've never looked at them.
The superguppy contains MA from 3 to 200, and a couple alerts.
I use the one from JustUncleL in tradingview.
I'll try that one tomorrow... the bb must be used in conjunction with the trend, there will always be a few hours up and a few down every day... just stay with the ups, and the elliott waves, best at a 15 minutes scale down to even three, maybe one hour max but its not really useful above that.
You can often see exactly when a 12345 starts, the problem, is that you gain very little om such short frames and in choppy market ;)
Its hard work.
I appreciate your explainings.
Daytrading IS hard work indeed. I used BB when trading stocks, but the other tools we had at the stock exchange was crude at most.
Tradingview is really great with all the tools and indicators, most of them new for me.