TMA is also based on price. and that suggestion you gave my friend , IMHO is a complete BS suggestion from a typical non-BO trader.
If you know better about given suggestions, why not already mentioned about it and why even asking for suggestions, if you in general know always and everything better?
Beside calling underlied facts BS right away.
Also TMA is based on price, what means, its not price. It uses price data to create a different calculation base, to display visually different values related TO price.
Thats why indicators beside raw price exist, to change its appearance / math, to get smth else than its original values, in this case, a simple triangular moving average (magic stuff) and as TMA implies (Focus at MA), it cant be as accurate as price itself, since its an MOVING AVERAGE, the middle of 2 raw values. (math and stuff, u know)
But why even put on indicators then, if TMAs "are price"? Why putting together 100 strategies, with 500 indicators every month, if all is just price?
Now telling me that my sugguestion of using only price instead TMAs is bullshit, but mentioning right after, TMAs are based on price *facepalm*
I traded BOs, profitable, way back in time, so i know exactly what im talking about. That i now dropped off BOs entirely for quite some time is not related to the success, but opportunities / regulations BOs in general offer, which is not much....
I know, its a difficulty to come across this enlightment, buts its true.
Fortunately im not the only one here at BoE.... Beside the fact, that this type of trader you mentioned about (The retarded non - bo traders, who are able to trade BOs the same way as forex, futures, stocks etc. making evidently real money without changing their strategie more often than their underwear.
But your logic is, if you dont trade BOs, you cant trade BOs...Not simply because, its literally a financial piece of garbage within the mean of smart investments.
However, my suggestion were not talking about the advantages and disadvantages of FX, Futures, BOs, Fonds or whatever, but related to your request.
I wrote down a fact, a suggestions to help out whoever makes use this "strategy" and you call it right away BS.
However, if you like to trade BOs above anything else, fine, do so, it just doesnt change fundamentals of the instrument nor of how efficiencies and inefficiencies work
But i´ll leave this particular thread alone and baffle somewhere else with facts and logic, because real suggestions with proven records arent welcome in your world, where only the virtual dick size matters.
Have a good one