My JB 8OC signals on 6 hr S&P Futures
We know for a fact that moving averages of closing prices are notoriously inaccurate. My variation on the moving average concept, which uses eight SMA close versus eight SMA open is, in my opinion, a better way to go. Here is the six-hour chart of S&P futures showing signal turns in the eight OC "relationship. No, it's not perfect by a long shot but it does have great potential and I've been using it for many years. Additionally what's required is a trigger that is more accurate as well as a target and a profit-maximizing procedure. Why six hours? I don't want to be up all night looking at a five-minute chart. The six hours chart is stable and gives me time to sleep! And six hours is a night of good sleep for an old man like me!
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