Ema Cross! - page 7
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
The Creation of speculators wealth comes from how he manages his money
- Larry williams
Here are the results of bond trading strategy he devised
win - 74%
Without Money Management
Initial equity - 20,000$
Final Equity - 251,813$
With MM
initial equity - 30,000$
Final equity - 582,930,624 $$$$$$$$$$$$$$$
Thats right! thats 582 million $!
Though this are theoretical values, it only highlights what can make a mediocre system into a super system.
This is the MM he used to run his account from 10k to 1.1million $ in one year.
(account balance * risk %)/largest loss = contracts to trade.
The risk % can be 15% for aggressive or 5% for conservative.
Hope this helps with the trading system.
However I am not over enthusiastic about backtesting. Btw, how is it that the largest loss was the last trade? and 984 consecutive wins. I doubt anyone in trading can accomplish that.
What you need is a system that has risk/reward ratio of 1:2 and win/loss % of 60+%. There you have a winner.
anyway, I will keep reading on.
MM_Ver1
Hi radicalmoses,
Thank you for sharing your knowledge with us.
I have created a script with the formula you introduced:
(account balance * risk %)/largest loss = contracts to trade.
Please try it and tell me what do you think?
How to use:
1- Download the script and extract it the MetaTrader 4\experts\scripts folder.
2- Load it in MetaEditor and click F5to compile it.
3- Load it from the MetaTrader Navigator window by double clicking it.
4- Input the Risk value (EX: 0.05 means 5% , 0.15 means 15% - default).
5- Tell me your comment and over all tell me what will we do with the number of contracts to trade
?
The Creation of speculators wealth comes from how he manages his money
- Larry williams
Here are the results of bond trading strategy he devised
win - 74%
Without Money Management
Initial equity - 20,000$
Final Equity - 251,813$
With MM
initial equity - 30,000$
Final equity - 582,930,624 $$$$$$$$$$$$$$$
Thats right! thats 582 million $!
Though this are theoretical values, it only highlights what can make a mediocre system into a super system.
This is the MM he used to run his account from 10k to 1.1million $ in one year.
(account balance * risk %)/largest loss = contracts to trade.
The risk % can be 15% for aggressive or 5% for conservative.
Hope this helps with the trading system.
However I am not over enthusiastic about backtesting. Btw, how is it that the largest loss was the last trade? and 984 consecutive wins. I doubt anyone in trading can accomplish that.
What you need is a system that has risk/reward ratio of 1:2 and win/loss % of 60+%. There you have a winner.
anyway, I will keep reading on.EMA CROSS Ver2
Hey Codersguru,
Just catching up on your new thread. This looks interesting. I'm hoping to help with some forward testing, so here is my first suggestiong. When attaching the EA to a new chart, it might be a good idea to put in a safe guard to not enter immediately into a trade. Just in case we attach the EA on the end of a move, we don't want to immediately be negative pips. Hope this helps.
MookfxMookfx,
Thank you for your comment!
I've modified the EMA CROSS so it will not enter immediately into a trade.
Please try it and tell me your comment.
open 2 position in diffrent symbol
hello
i like open position now in eur/usd and this time open position in gbp/usd too
this is ok ? if(isNewSumbol(Symbol()))
please answer my problem/
First of all, kudos to codersguru for creating this EA!! If I understand it correctly, it enters opposite of what you would normally enter. That got me thinking about this article.
That article, "Trade Like a Dealer" says the exact same thing: Fade the traditional entry.
Its second piece of advice is: Scale in your position. That second part reminded me of the Multi-Lot Scalper EA (attached). That is precisely what it does.
That got me to thinking this: If we put both of these EA's together, we would be 'trading like a dealer'. Codersguru's EA could be the entry trigger and the Multi-Lot EA could manage the scaling of the position. Together they would do exactly as that article suggests.
Well, I am just throwing this out there for you all to consider. Codersguru calls his EA a "Toy EA", and the Multi-Lot EA would probably also be a "Toy EA". Together they would make quite a Monster Toy!
Post #64
Hi Codersguru,
I noticed in Post#64 that the strategy report has ema of 1 and 13 and also the revised EMA_Cross also has ema of 1 and 13 ....
Have I missed something ?
tks
leighton
1 and 13 EMAs
Hi Codersguru,
I noticed in Post#64 that the strategy report has ema of 1 and 13 and also the revised EMA_Cross also has ema of 1 and 13 ....
Have I missed something ?
tks
leightonleighton,
Yes I used 1 and 13 EMAs instead of 10 and 80 EMAs because I want to see more crosses after the modification (wait for cross).
In addition to that, 1-13 EMAs have given me the best result in optimized back testing.
What?
hello
i like open position now in eur/usd and this time open position in gbp/usd too
this is ok ? if(isNewSumbol(Symbol()))
please answer my problem/Do you mean you want to open the trader immediately after attaching the EA (Like the first version of the EMA CROSS)? Or what?
Hi Codersguru,
which program do you use for back testing and optimization?
felix
Hi Codersguru,
which program do you use for back testing and optimization?
felixMetaTrader of course!