my name is Hendrawan and this is strategy for trade on GBP/JPY
which indicator setting like that :
Trading system :
Time frame H1
Open Buy :
IF LWMA 2 Until 8 close cross up to SMA 35 high with new candlestick, and dont open position Cross SMA 35 high only LWMA 2 Until 7, make sure that all LWMA 2 until 8 cross up to SMA 35 high, Because if not all LWMA cross up to SMA 35 high, it will be reversal.
IF LWMA 2 Until 8 close cross Down to SMA 35 low with new candlestick, and dont open position Cross SMA 35 low only LWMA 2 Until 7, make sure that all LWMA 2 until 8 cross up to SMA 35 low, Because if not all LWMA cross up to SMA 35 low, it will be reversal.
Take Profit and Stop lose
Take profit, if have stong trend that we can set 100 pips, tbut if there not have a stong trend, so make target Take profit only 50-60 pips only.
HoW to make sure that have s stong trend ? so we can see pair GBP/USD and USD/JPY for Time Frame 1 H, which candlestick GBP/USD and USD/JPY run together,
I also include the picture and help me please help to develope my strategy with expert advisors.
Did you tested this strategy manually? How long you have tested it? Could you told as how it worked?
I dont think this has been live-traded?
- I really like the 'neutral zone' idea :)
- The MACD is classic for GBPJPY on the H1
- Reference to other pairs as part of confirmation
Not so good:-
- No timely, decisive exit signal
- No suggested Stop Loss
- Unrealistic Take Profit levels
- Open signals with price too near the Neutral Zone should be declined until price crossed the zone & can be re-evaluated
IMHO - what it needs?
- CCI to detect divergence towards the end of a move
- Plan for multiple small lots, in order to fade out the position using different exit rule/s
thanks for your advice, but I use this system make a lot of profitby manually trading, because now I have a little time for trading, so I wanna using EA for trading. so do you can help me to make the EA with this system? and u can also add and modify this system for most usefully.. or u have the best EA and can u give me
Please enable the necessary setting in your browser, otherwise you will not be able to log in.