Tuesday, May 1, 2007

MA5 AND MA20 - RICHARD DONCHIAN

Richard Donchian is basically a long term trend follower and the father of technical chart reading.

He work with five (5) and twenty (20) days moving average cross over signal used buy and sell rules with a weekly time frames.

Today, I finally found something to confirm my believe in the reliability of moving average 5 and 20.

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