Market Prediction with EMA CROSS 1/2 - page 5
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
This indicator is fantastic on a daily chart. You could take of 15 - 20 pips on a signal at almost 99%. Anyone know what stoploss would be best to use?
not sure if this is right or not but,
profit * probability% of getting it = stop
so if your looking at 15pips 70% of the time
15 * 70 = 1050 stop loss
that is to breakeven and not including rollover interest/spreads
There were some errors in the previous Indicator
using pos-1 in the EMA calculation was wrong because pos -1 is a bar in the future, it works only if there was future bars (while drawing the indicator from the first bar, the second bar is -1 of the first bar, and the third bar is -1 of the second bar etc. but the -1 of the current bar is not exist yet).
Anyway, this is the new version of the indicator.
I hope to see your comment! Is it worth to enhance or to forgetCould you please do the same as with Moving Average indicator: keep the latest version in the first post. Because again, now one has to go thru all latest branches find the latest version. And well, as usual, thanks so much for all your great work and contribution to the community!
Cheers,
Diam0nd
I LOVE
not sure if this is right or not but,
profit * probability% of getting it = stop
so if your looking at 15pips 70% of the time
15 * 70 = 1050 stop loss
that is to breakeven and not including rollover interest/spreadsThat cant be right.
If you went for 25 pips on each trade and with a stoploss of 100 you would have to get over 80% of the trades right to get into profit. Using this indicator for this is highly possible.
Anyone tried this on forward demo testing?
Anyone tried this on forward demo testing?
Im going to start testing it on a demo account
I will test it with cable, euro/dollar and swissy
Latest version
Latest version is on page 3, post #23
signals?
I am trying to understand the signal arrows...Does a red arrow pointing up mean sell that day that it is under?
Does the blue arrow pointing down mean buy that day it is over?
I am confused by the first post in this thread.
I will test it with cable, euro/dollar and swissy
Will you please post your testing here? Also, tell us if you are entering as soon as the arrow appears, and what stop loss and take profits you are using.