Fibonacci_Ema - page 17
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i want to share one of my trading strategy with the house as a way of saying i want everybody to succeed in this forex program. am not a forex expert, but i want some persons to use this method of trading as a way of either improving their trading method or get a new method of trading.
here are the parameters
EMA with a period of 55 apply to low. color red
EMA with a period of 55 apply to high color white
EMA with a period of 10 apply to close color yellow
u could use any colour of ur choice
TRADING RULES
enter BUY when the 10EMA crosses the WHITE 55EMA upward
enter SELL when the 10EMA crosses the RED 55EMA downward
DO NOT TRADE WHEN THE 10EMA IS BETWEEN THE CHANNEL
HOW TO EXIT
USE PARABOLIC SAR TO EXIT A TRADE. when it is forming in a counter direction
NB; no system is 100% perfect but combination of 2 to 3 system could perfect a signals.Thanks for sharing badruf.
FerruFx
Hey badruf
What timeframe your are using from this 55 EMA Channelsystem?
Thanks and best regards
I was reading something and found the trading system for H1 and M30 timeframes.
System is simple:
- signal for enter - EMA8 is crossing EMA55.
Confirmation on Parabolic with default settings on the current timeframe (H1 or M30) and on M15 as well.
- exit on crossing EMA8 and EMA21.
Why Fibonacci?
Some people say that 8, 13, 21, 34, 55 are Fibonacci numbers.
This system looks good to trade manually.
------------------------------
Updated:
EmaFibo EAs. The settings was optimized and posted as pre-set files together with backtesting results here. Besides please read whole Fibonacci_Ema thread for more backtesting results and versions of this EA.
- Idea development thread is here.
- some other versions of EA (including recent updated1.1 and 2.1 versions) - read here.Yes it's true the line of Fibonacci is really working if you can to understand its signals!
[EA] 3 MA Cross EA
is there any EA based on "Jason Robinson (jnrtrading) 3 MA Cross w_Alert v2".
i found this indicator work with longer MA as the guide line.
when price below the guide line "SHORT ONLY".
when price above the guide line "LONG ONLY".
the longer MA is the FORTH MA.
Thanks a lot
I have know more about forex. Thank for you information.
Hi,
I don`t need this EA!
I want to know where i can find this amazing indicator that shows me the (S1+S2+S3+R1+R2+R3 ect...)
Look at the attached picture...
Anybody can help me please?
Hi,
I don`t need this EA!
I want to know where i can find this amazing indicator that shows me the (S1+S2+S3+R1+R2+R3 ect...)
Look at the attached picture...
Anybody can help me please?
On this thread: https://www.mql5.com/en/forum/172894
Look for SDX indicators.
Thank you
Simple or not ?
Is there someone out there that can code an expert advisor (MA cross-over) that will only CLOSE all open trades on cross.
"Some people say that 8, 13, 21, 34, 55 are Fibonacci numbers "
I do not want to write off topic, but these are fibbonaci numbers :)