Well, i'm not sure if that is the rule of the system.
Open price is above EMA50 and cross does not complet,
I think whenever Open price is blow EMA50 and close price
is above that the cross is true.
According to Newdigital suggestions, I post the rules of this easy system:
. StepMA_Stoch indicator (default values).
. We buy or sell at the opening of new bar after price has crossed EMA50 and StepMA_Stoch validates the cross. So, if it is a sell, yellow line must be under blue one and viceversa. Signals are better if StepMA_Stoch and price with EMA50 cross at the same time.
We have another indicator to validate the cross. It is Inverseind. Look at it.
You'll find main thread here:
Hi Kalenzo and 217irr,
please read the original thread from Nina for rules.
but i see in back data in history of course in fibo group broker whenever open price and close price is such and also with stepma cross simultaneous,the trade has been successful ,
hey guys i write and change an EA according this logic, can someone do forward test, i attach that. the EA is trading between 7 to 17 GMT ,you can change it
Ok so U say - look only on price M30 - EMA(50) and stoch - and for buy be sure that last open price is above EMA and open is less than close - then chceck stepstoch if it cross and if it is jump into a long trade ? Right?
And opposite for short?
BTW do u think we can use stooch for exit like this:
Wen stoch croses signal and the cross is < 20 lvl it's signal to close short and oposite for long. What do u think?
Like the EA, what about take profit
Today's recap so far (18:25CET):
EURUSD, bought at 1.2077 (13:00CET). Made a high at 1.2143. +66 pips.
USDCHF, sold at 1.2793 (13:30CET). Made a low at 1.2716. +77 pips.
GBPUSD, bought at 1.7614 (17:30CET). Made a high at 1.7667. +53pips.
TOTAL= +196 pips.
For the week = +415pips.[/B]
Well, you have your pips today. Haven't you?
please post last version of EA your system and which time frame u use?
I do not use any EA. I trade manually.
Hi, I'm throwing this out to the group for discussion and evaluation. This 30min chart has 3 ema's on it.
1) 50 ema of Close
2) 50 ema of High
3) 50 ema of Low
see what you think