172: The Magic of Momentum Trading – Alan Clement
Better System Trader
How to Adjust the Look Back Periods of the Indicators?
I noticed in your list of indicators, there was no moving average. People like to use a 200 day moving average or 100. Well, moving averages only really showing you the average of the price. So we can't really use the value of it because that's going to be different for different price stocks. I tend to the sort of the number that I tend to find works reasonably well is about six months look back.
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