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Where could I find more infos about GMMA strategy, except of Kevins video? Thank You.
I would like to start with this strategy for long term trading daily candles.
Is there a forum or detailed description of this technique? Is anybody actively using this strategy? Thank You very much for answers.
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Answers
Hello Frank,
Thank you for your question.
The MMA is very good trend-following method, which I use for my longer-term position trading. The drawback is that, like any other MA-based strategy, it will not behave well in a sideways market. To trade this type of strategy, it is necessary to be fully commited and take every signal because the bulk of your profit will come from a relateively small number of trades.
For further study of the MMA, I would recommend the Daryl Guppy book called Trend Trading.
You can also get more information on Daryl's website here.
I hope it helps.
Best Regards,
Kevin
I ordered a book already. A big thank You Kevin...