Simple Trend Following System - page 2
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You are right about MAs
Limstyhz,
Quite agree with you.
Am Pipping on
EURUSD: 253 pips and still running since friday
GBPUSD:324 pips and still running since friday
EURJPY: 358 pips and and still running from thursday
may the pips be With you
Sola
hi
great result , keep up a good works
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Forex Indicators Collection
EURUSD: 253 pips and still running since friday
GBPUSD:324 pips and still running since friday
EURJPY: 358 pips and and still running from thursday
may the pips be With you
SolaCongrats Sola!
Does anyone have a suggestion for those that are unable to watch the charts during the day? Do you guys think an eEA can be made from this?
EURUSD: 253 pips and still running since friday
GBPUSD:324 pips and still running since friday
EURJPY: 358 pips and and still running from thursday
may the pips be With you
Solahi, Sola
i am thinking to develop ea with this rules, do you enter with long/short when on closed-bar ?
it important to know this ?
best regards
giapel
Giapel
Thanks for your post. I have been away for 2 weeks. I go long or short at the close of candle. If you can develop an EA, it would be appreciated and i beleive all will benefit from it. Thanks
Sola
Hello, What a nice and simple system.
A quick question i know you said one should demo-trade it first, but do you trade this live?
Kay
Very interesting system,I will test it for sure!
Yeah
Hello, What a nice and simple system.
A quick question i know you said one should demo-trade it first, but do you trade this live?
KayKay
Thanks for your question. I trade this system live and have been making some nice net profit at the end of every month.
Happy pipping
Sola
...
5 EMA applied to the close
10 EMA applied to the close
Stochastic (10,3,3)
RSI (14)
Trading Rules
Stop Loss = 30 pips
Entry Rules
1. Enter long if:
o The 5 EMA crosses above the 10 EMA and both stochastic lines are
heading up (do not enter if the stochastic lines are already in the
overbought territory)
o RSI is greater than 50
2. Enter short if:
o The 5 EMA crosses below the 10 EMA and both stochastic lines are
heading down AND (do not enter if the stochastic lines are already
in oversold territory)
o RSI is less than 50
Exit Rules
Exit when the 5 EMA crosses the 10 EMA in the opposite direction of your
trade OR if RSI crosses back to 50
looks good, Solaeleko; also something 4 ranging market (filter,rules) would be nice