In this video we look at the 200 day and 10 month moving average. The study provides back test data going back over 100 years and essentially shows the benefit of a trend following strategy.
Staying with the trend, regardless of timeframe can improve your odds of success considerably. Whether you are a long term investor or a momentum breakout trader like myself, having a moving average indicator in your strategy can keep your drawdowns in check.
Friday, January 6, 2023
Best Trading Indicator To Build A Strategy Upon (100 Year Back Test!)
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