Very Simple and Powerful EMA Crossing Strategy

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Pezhman Zamani
742
Pezhman Zamani  

Hello Traders!

I appreciate if you leave me your valuable comments and opinions on this simple strategy which has been designed based on the standard indicators of MetaTrader. It uses only EMA and MACD.

 

First I consider H4 as my trading timeframe. Keeping this in mind, I look to the higher timeframe (Weekly chart) to detect the trend. If the price is above the EMA 10 and EMA 20 and these two EMAs have been crossed recently, I go to the timeframe of H4 and wait for triggers.


Weekly Chart -  EMA10 & EMA20

 

Same as weekly chart, when EMA 10 crosses EMA 20 to the up and MACD is in positive phase, I can open a long position.


 


This rules apply for sell if opposite conditions are met.

 In the following picture, you can see that we had a losing trade since the MACD phase was not aligned to our strategy. (Pink area)



Hope to receive your opinions in this regards.

Sergey Golubev
Moderator
108483
Sergey Golubev  

It is not same but similar - 

EMA Cross Contest Hedged - expert for MetaTrader 5  

EMA Cross Contest Hedged - expert for MetaTrader 4
Pezhman Zamani
742
Pezhman Zamani  
Sergey Golubev:

It is not same but similar - 

EMA Cross Contest Hedged - expert for MetaTrader 5  

EMA Cross Contest Hedged - expert for MetaTrader 4

any ideas to make this strategy more accurate? how can we filter more wrong signals? any suggestions?

lal.remigiusz
26
lal.remigiusz  
how looking for detect the trend when trader making decision to buy and sell?
Julius Nzaba
21
Julius Nzaba  
I love your strategy. Almost similar to mine. With also some info on the particular asset you are using, you could employ the use of index trades references to sharpen your perspective of where your next trades could be heading. For me, to enhance on profitable trades I practice what I call 'Weeding' to manually stop out trades I perceive would be redundant likely after a breakout. In a few weeks time, I hope to have tested your inspirational idea. We can collaborate on enhancements perhaps.
Vladimir Karputov
Moderator
146198
Vladimir Karputov  
Pezhman Zamani :


An interesting vision of the market. Probably I will start writing MQL5 code.

Vladimir Karputov
Moderator
146198
Vladimir Karputov  
Pezhman Zamani :

Hello Traders!

I appreciate if you leave me your valuable comments and opinions on this simple strategy which has been designed based on the standard indicators of MetaTrader. It uses only EMA and MACD.

 

First I consider H4 as my trading timeframe. Keeping this in mind, I look to the higher timeframe (Weekly chart) to detect the trend. If the price is above the EMA 10 and EMA 20 and these two EMAs have been crossed recently, I go to the timeframe of H4 and wait for triggers.



 

Same as weekly chart, when EMA 10 crosses EMA 20 to the up and MACD is in positive phase, I can open a long position.


 


This rules apply for sell if opposite conditions are met.

 In the following picture, you can see that we had a losing trade since the MACD phase was not aligned to our strategy. (Pink area)



Hope to receive your opinions in this regards.

I threw two iMA indicators on USDCAD, W1:


The averaging period is 10 and 20. But my intersection does not coincide with yours

Vladimir Karputov
Moderator
146198
Vladimir Karputov  

But the option when using the trend indicators "Double Exponential Moving Average":

Pay attention - here intersections appear much earlier.

Vladimir Karputov
Moderator
146198
Vladimir Karputov  
In general, if interested, the framework of the adviser can be checked here: iDEMA Crossing iMACD Filter
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