I pay more attention to trendlines and prior highs and lows, but I do look at a 20 - bar exponential moving average on intraday charts and 50 -, 100 -, 150 - and 200 -
bar simple moving averages on daily and weekly charts.
The K % Stochastics (also known as Fast Stochastics) iShares S&P US PR S (PFF) Trading system is based on the crossovers of K % Stochastics (3 -
bar simple moving average applied to Raw Stochastics) and Signal Lines.
Not exact matches
In this second technique, instead of using a
simple moving average of
bar closes, we use two
moving averages of
bar highs and lows.
Indicators: Pin
Bar for MT4 (optional), 200
simple moving average Time Frame: 5 Min Trading sessions: Euro, US Assets: You can use this strategy on any pair (EUR / USD, GBP / USD, USD / JPY,...) Expiry time: 15 min (3
bars)
This strategy however, combines the pin
bar, detrended price oscillator and custom
moving averages into one
simple trading strategy.