Slim Miller's Long-Term Trend Trading Chart

[markos]

This is a great chart to help determine long term action as well as signs of a breakdown

Other uses:
I use this chart to see if I am buying into a counter trend rally. Also, excellent for ETF's and 401k's, IMO.

Open the chart and check for clues.

BTW, my short term, "be careful" signal is when the Hull MA changes polarity. My absolute time to get in/out signal comes at the cross of the 43 week EMA. Your signal should be what you make it.

https://tos.mx/r5TdS5j

 

[john3]

Why 43 weeks?

 

[markos]

Why 43 weeks?

@john3 43 weeks is an EMA used by people at stockcharts. Others use a 47 week. There is no right or wrong answer.
As I've mentioned, find what works for you and make it your own.

 

[john3]

@john3 43 weeks is an EMA used by people at stockcharts. Others use a 47 week. There is no right or wrong answer.
As I've mentioned, find what works for you and make it your own.

Yes, I know that is what they use. The question is, why? Just wanted to know their rationale for using 43 weeks, if there is any. If they just have chosen a random number, that is cool, too, no judgment.

 

[markos]

Yes, I know that is what they use. The question is, why? Just wanted to know their rationale for using 43 weeks, if there is any. If they just have chosen a random number, that is cool, too, no judgment.

They don't give rationale for it. A person could just as easily use a 40 week SMA which probably matches up with a 43 week EMA. But, I really don't know the why.
I just use it, it works for me.

 

[crawford5002]

how can I scan for stocks crossing above 43ema

 

[BenTen]

@crawford5002

 

[crawford5002]

@crawford5002

Thanks once again