Martingale with SMA21

team_geo_fxsignal 2007.01.24 21:23

Hello

Can someone try to code below strategy ?

1. Attach Simple Moving Average ( median price ) 21 to H1 chart GBPUSD.

2. BUY - when new candle opens above SMA21 with 0.1.

3. SELL - when new candle opens below SMA21 with 0.1.

4. If the market against you, and the next candle opens in the other side of SMA21, double the lot ( 0.2 ) and run with trail or fixed target or close until we see another new candle opens in the opposite side.

I have tested this method manually, and it gives fantastic results.

Regards

Team GEO

[Deleted] 2007.01.24 22:09 #1

Hi, are there any take profits or stops ? do you just wait for close of candle ? do you carry on opening positions whilt over / under sma ?

prasxz 2007.01.24 23:01 #2

team_geo_fxsignal:
Hello

Can someone try to code below strategy ?

1. Attach Simple Moving Average ( median price ) 21 to H1 chart GBPUSD.

2. BUY - when new candle opens above SMA21 with 0.1.

3. SELL - when new candle opens below SMA21 with 0.1.

I have tested this method manually, and it gives fantastic results.

Regards

Team GEO

Hi,

Nice system...what time this system use to get a good result?

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Forex Indicators Collection

increase 2007.01.25 00:05 #3

would this indicator work?

Files:

pricetrend1.mq4 6 kb

team_geo_fxsignal 2007.01.25 00:52 #4

prasxz:
Hi,

Nice system...what time this system use to get a good result?

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Forex Indicators Collection

you can trade anytime you want....asia sometimes very active...

in the EA, take profit and trail should be available so we can test. We should carry the trade until you satisfied with your net profits.

team_geo_fxsignal 2007.01.25 00:58 #5

increase:
would this indicator work?

thanks....how do u use this indi? mainUP minUP?? what time frame is profitable?

William Snyder 2007.01.25 01:23 #6

ma 21 martingale

Added this to one of the 10 points 3 e.a..

Hope this is what you are looking for

tools

Craig 2007.01.25 01:24 #7

This won't work, one of the EA's which comes with MT4 does this without the Martingale, and it loses bigtime. I can't seem how martingale will help, unless the goal is speed of account destruction, then it might be awsome!

WHAT IF IT DOES Trailing stop What's wrong with my

team_geo_fxsignal 2007.01.25 01:30 #8

mrtools:
Added this to one of the 10 points 3 e.a..

Hope this is what you are looking for

tools

thanks mrtools for being helpful..i will test it....

William Snyder 2007.01.25 01:45 #9

Ma21

thanks mrtools for being helpful..i will test it....

Hi Team-geo-fxsignal

This is so far getting good backtest results, but have tried a lot of different versions of this some with good backtests but forward testing like Craig said is a different story will forward test starting tomorrow.

Regards

tools

Well working Trading System BackTest Results vs Forward Big Profit Without Using