Kiwi said:You would count back 20 days and it will tell you the same thing about the 20 0that his approach would tell you about the 50. However you have gone from a long term trend to a much shorter term one so IMO you are messing with the system a lot.
Kiwi ,
I havent actually switched to a 20 yet as i am still working out the method so to speak - i did find however that if you stayed with a 50 you were missing out on a lot of movement ( thi s can easily be proved by a back test ) and that your triggers would be minimised to an extent . The method or system works well on all time frames - so if you wanted to day trade this system that would work as well . As well as that I found that the 20 ma trend line is as much support among stocks as the 50 .. so unfortunately I have to disagree I feel that the system is nt messed up at all by utilisng the 20 .. after all its what quite a few traders are already doing .