CROSSING EMA 5 x EMA 13 - page 3

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4xtrader:
Hi All,

Here is my Indicator

EMA: 5 , 18 , 35 ( All in HLC/3)

Slow Stoch : 13 , 8 , 5 ( Exponential)

RSI : 13

ADX/DMI : 21

Entry market (BUY) when EMA 5 n 18 are crossing confirmed with RSI > 50 , Vice versa (Sell , RSI < 50 )

EMA 35 For our Trendy

For Day trading, I suggest using multiple time frame 5 , 30 or 15 n H1

For Trendy Using TF H1

Hope This usefull

4xtrader

P.S. Please becktested for your convenience

Nice work!

Do you have a EA of that??

Thanks!

 
glader:
Nice work!

Do you have a EA of that??

Thanks!

Hi Glader,

I haven't it yet, I always do it manually, that makes you more disciplined

regards,

4xtrader

 
4xtrader:

Entry market (BUY) when EMA 5 n 18 are crossing confirmed with RSI > 50 , Vice versa (Sell , RSI < 50 )

EMA 35 For our Trendy

For Day trading, I suggest using multiple time frame 5 , 30 or 15 n H1

For Trendy Using TF H1

How exactly to validate the entry ? 15m TF will surely signal the EMA crossing first before 1 H, so do we wait for confirmation on H1 before entry ?

Where to set the stop loss ? and how to get profit ?

Thanks.

 
mietectec:
How exactly to validate the entry ? 15m TF will surely signal the EMA crossing first before 1 H, so do we wait for confirmation on H1 before entry ?

Where to set the stop loss ? and how to get profit ?

Thanks.

You're right, I always entry using TF 15 m n SL 30 pips below/above EMA cross ( entry point), you have to make sure all signals are in the same direction ( up or down ) with Target profit 100-150 pips for GBP/USD each trade

For Best result we're waiting for confirmation on H1 ( some times twice a week not every day, like GBP/USD about 2 hour after London opened, yesterday)

To get profit, closed when EMA 5 n 18 on TF 15 crossing again or using Trailing Stop to protect our profits

Hope this help

 

Adx

Great post, Just a quick question, what is the value of the ADX indicator and or how do you use it.

Thanks

Mark

 

Allow me to be redundant

Let see if I have this correct in my mind.

EMA 5,18 cross trading system by 4xtrader 3/1/06

Indicators

EMA 5

EMA 18

RSI 13

Stochastic 13, 8, 5 exponential

ADX 21

My addition

FX-Fish 10, 6, True, Alert False

15 minute chart

Process

  • 1.wait for cross then buy long or short when confirmation of the following signals

  • 2.RSI cross the 50 level going in the same direction of the prospective trade

  • 3.Stochastic direction going in the same direction of the prospective trade

  • 4.One hour time chart confirms trend is going in the same direction of the prospective trade

If all this is going in the same direction of the prospective trade (Get in the trade)

Stop loss 30 Pips above or below 18 EMA cross

Take Profit 100-150 pips or use trailing stop

Mark

 
DMCST:
Let see if I have this correct in my mind.

EMA 5,18 cross trading system by 4xtrader 3/1/06

Indicators

EMA 5

EMA 18

RSI 13

Stochastic 13, 8, 5 exponential

ADX 21

My addition

FX-Fish 10, 6, True, Alert False

15 minute chart

Process

  • 1.wait for cross then buy long or short when confirmation of the following signals

  • 2.RSI cross the 50 level going in the same direction of the prospective trade

  • 3.Stochastic direction going in the same direction of the prospective trade

  • 4.One hour time chart confirms trend is going in the same direction of the prospective trade

If all this is going in the same direction of the prospective trade (Get in the trade)

Stop loss 30 Pips above or below 18 EMA cross

Take Profit 100-150 pips or use trailing stop

Mark

You've got it, my friend

Remember, I always do it manually n my gut involved

I'm so glad if anyone can make an EA for that

 

Ea

Sunwest started an ea, did it not work?

Mark

 

E A

DMCST:
Sunwest started an ea, did it not work? Mark

Hi Mark,

I've never tried any EA in this forum

Trading manually more exicited for me than autotrade, because all your mind n body involved

God Bless

4xtrader

 

Hello 4xtrader, that is good that you trade manually, I thing that is a good way of learning and sometime I wish I had time to do so.

I dont mind trying to rpogram an EA with these rules if I have got time tonight, unless someone else has done it before , I have been quite busy lately

but soon I will have more time at hands

S.

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