Best Moving Average Settings
A personal story...
I first came up with the concept for the 3 Little Pigs MTF Trading Strategy at the turn of the millennium. Whilst coming up with the concept I conducted a vast amount of research on the subject of the best moving average settings, Simple, Exponential or Weighted?
I reckon my own personal research on this very subject spanned at least 1 year.
It included much "googling", reading and more importantly much manual observation and MT4 Expert Advisor (EA) testing.
No moving average, Simple, Exponential, Weighted, or any other for that matter, is any better or worse than the other.
The quicker the reaction the more false trades, the slower the reaction the later the entry (and inevitably, the greater the stop). My choice, keep it simple.