[Enigmatics]

Just out of curiosity .... I wanted to get your guys' thoughts on these three as to which would be a more viable indicator of trend.

[Tams]

Originally Posted by Enigmatics »

Just out of curiosity .... I wanted to get your guys' thoughts on these three as to which would be a more viable indicator of trend.

what is trend to you?
how do you define your meaning of trend?

[ole]

Originally Posted by Enigmatics »

Just out of curiosity .... I wanted to get your guys' thoughts on these three as to which would be a more viable indicator of trend.

Do you mean VWAP, volume weighted average price, or VWMA, volume weighted moving average?

[Enigmatics]

Originally Posted by ole »

Do you mean VWAP, volume weighted average price, or VWMA, volume weighted moving average?

Definitely VWAP.

The reason I ask is there was a tutorial on here that depicted a VWAP/PVP trade. I it was also recommended to me to start following the VWAP by somebody else. I've found it to be very useful, but I catch a lot of resistance from others who swear by using short term EMA's or MA's when determining trend.

[Momentum Chaser]

I have found the VWAP to be very useful as an automated system trigger tool.

If you have tradestation or similar tools, I found it useful to be able to vary the reset time of the VWAP and not use the default of either midnight or the close of previous session.

I have found all other moving averages to be "teaser" indicators which look good to the eye but are useless in real trading.

Just my opinion,

Momentum Chaser Steve in San Diego

[pipbanker]

This is a great article for all MA lovers
MUST READ!

The Truth About MA---Why I hate MA Crossing

[Tams]

MA (and its variants) is the most useful indicator ever invented.

but if MA cross is your signal, it is too late. you deserve to die.
this is like watching the speedometer while driving towards a wall...
if the speedometer reads more than zero when you reach the wall, you will have a crash.
you do not need the speedometer to reach zero to confirm the crash.
the speedometer is only an indicator,
how you use it depends on the context.
if you are a one trick pony,
then you might as well be a donkey.

[pipbanker]

Let me put a short quote from the article here: "...MA is the #1 loser in the market....all indicators are loser, but MA is the leader"
There is more then enough info here, but I am open to any argument or evidence to prove it wrong.