The double moving average bounce variation removes many trades that might have occurred when the market is ranging back and forth over the moving averages, because it requires both a moving average pattern and a price pattern before a trade can be entered.
As with any trading system, the chart settings (time frame, moving average lengths), and the trade settings (target and stop loss), should be modified to suit the market being traded and your trading style.
If you have any questions about the moving average bounce trading system, or would like to see additional charts of example trades, leave a comment in the blog, and I will be glad to provide additional information.
