Most used "Periods ago"

[mxmauro]

Hi,

I'm making some strategies mainly targetting day-trading using historical data of many companies.

Most of the indicators have the "period" argument and, of course, varying it, one may get very different results. Also, for one company a value is not the best for other.

My question is, if you have to choose a periods ago value, for e.g., for EMA indicator, which is the best value you obtain best results?

In my case, usually I get good results with the value of 14 but I want to know other opinions.

Best regards
Mauro.

[NinjaTrader_Ben]

Hello,

I will let your fellow traders chime in with their opinions here.

[astra]

Hi,

I'm making some strategies mainly targetting day-trading using historical data of many companies.

Most of the indicators have the "period" argument and, of course, varying it, one may get very different results. Also, for one company a value is not the best for other.

My question is, if you have to choose a periods ago value, for e.g., for EMA indicator, which is the best value you obtain best results?

In my case, usually I get good results with the value of 14 but I want to know other opinions.

Best regards
Mauro.

Mauro,

Depends on what you do with the MA. I guess you refer to an MA as part of a strategy because otherwise you can run period optimizations and see what happens.

When testing ideas I always use the default values for the MAs I use. Then if the idea looks promising I run period optimizations to improve it. But from experience I found that if my idea is not sound with the default values, period optimization will rarely push it to a tradeble state. Hope it helps.

astra

[mxmauro]

Ben

But from experience I found that if my idea is not sound with the default values, period optimization will rarely push it to a tradeble state. Hope it helps.

Very good opinion. Thanks.