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.
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 ?
Nice system...what time this system use to get a good result?
Forex Indicators Collection
would this indicator work?
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.
thanks....how do u use this indi? mainUP minUP?? what time frame is profitable?
ma 21 martingale
Added this to one of the 10 points 3 e.a..
Hope this is what you are looking for
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!
thanks mrtools for being helpful..i will test it....
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.
Live Test on display
Looks like Martingale is the flavor of 2007.
Here are 2 systems with aggressive MM on fwd test .. EA cannot be distributed due to copyright issues. We can compare the results.
Running live too - on EUR.