My Simple Easy to use System
i think this threads works better in this category, or not?
Manual trading systems - Forex Trading
does it only work on h4? what is about shorter tf?
I had to move the post to this section. It's a manual trading system and just on starting phase.
i think this threads works better in this category, or not? does it only work on h4? what is about shorter tf?
hi obit,
you can use it on shorter TF but I have found it to work better on H4.
tks
ha_ma_sto_alert.mq4
sto set to show wpr (slowing=1)
signals on ha count (second ha up/dn bar><ma)
if haMAcrossCount = true; sig. on ha/ma cross count also
ha_ma_sto_alert.mq4
sto set to show wpr (slowing=1)
signals on ha count (second ha up/dn bar><ma)
if haMAcrossCount = true; sig. on ha/ma cross count alsohi fxbs,
thanks for your indicator. do you know if an ea exists for this indicator or how i can create an ea for my system?
thanks
Hi, schuette. Thank you for sharing this idea.
I backtested this strategy(2009.1.1 to 3.31), and found that sometimes it works good on GBP pairs (GBP/JPY, GBP/USD) 4H. 
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I think the rule for entry should be OK, but may be you should consider about the exit condition.Generally, close order when %WR hits -80 for buy or -20 for sell is too rough.
and probably add new filter for entry will be better.
Actually, i built a simple EA just for backtest purpose. I attach it to here.
Using the visual mode for strategytest, i think your strategy potentially will work well if new filter are added for identify the entry /exit position.
Any comments?
hi rene,
many thanks for your efforts and input, this is greatly appreciated. i will use your EA for testing.
could you assist me with backtesting? what is the best way to go about back testing and downloading historical data to MT4? Once i have this setup i can test.
i have setup my system on MT4 and am trying to identify a filter for entry/exit as you pointed out. i'm still trying out different ones and haven't had much luck as yet. i will keep searching. as you have had a look at my system, has anything crossed your mind as far as possible ideas?
thanks for your assist
Actually, i built a simple EA just for backtest purpose. I attach it to here.
Using the visual mode for strategytest, i think your strategy potentially will work well if new filter are added for identify the entry /exit position.
hi rene,
i just tried out the attached indicator nonlagMA v4 and added to GPYJPY H4 plus the other indicators from my system, manually back tested 02mar09 to 04apr09. +2243 pips.
basically, change the up trend colour to blue and down trend to red for nonlagma v4. confirmed entry confirmation for buy is a blue up trend MA and exit when Blue changes to yellow. For sell entry, red down trend confirms and exit when red changes to yellow. entry/exits are based on price close.
i have attached a screen shot of chart. The red and green arrows in a box are entry points and other arrows are exit points. any thoughts on this indicator as an entry/exit confirmation? appreciate it.
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I have been looking at quite afew manual trading systems using different types of indicators and have put together a rather simple trading system:
Pairs: Any
TF: H4
Indicators: Moving Average (14 EMA) , Heiken Ashi, Williams Percent Range
Buy: Look for 2x white candles closing above the 14EMA. When the 2nd white candle closes above the close of the first white candle and the Williams % above 20.
Close Buy: When the Williams % is below 80.
Sell: Reverse of Buy using red candles and below 80. Exit when Willimas 5 above 20.
I have attached sample trades (chart pics) using GBPJPY H4.
Appreciate feedback and comments. Is somebody able to create an EA for the above system for testing and evaluation on this thread? As I work full time its hard to find the time to trade manually and seek your help with an EA which we could all benefit from and perhaps develop.
Thanks Guys