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Archive for May 23rd, 2008

Are There Optimum Indicator Parameters?

Are you seeking the optimum parameter to use for your indicators? I have been training traders for around 17 years and perhaps the most frequently asked question of all goes something like: “What parameters do you use for your moving averages?” My sincere and honest response is that I don’t use any in my analysis and if I did there is no such thing as an optimum parameter … except in hindsight.