The original strategy is here:
http://www.forexfactory.com/showthread.php?t=329834
I made backtests:
http://www.forexfactory.com/showthre...03#post5402203
http://www.forexfactory.com/showthre...24#post5403724
And now I am testing modification of the strategy:
mogulmedia:
See at screen:
http://www.forexguns.com/fxg/bt-dancingema/4/fx6.png
It is not very good :-(
http://www.forexfactory.com/showthread.php?t=329834
I made backtests:
http://www.forexfactory.com/showthre...03#post5402203
http://www.forexfactory.com/showthre...24#post5403724
And now I am testing modification of the strategy:
mogulmedia:
QuoteDislikedHi Tom,
I backtested this manually using Alpari UK and got these results from January 2011 up to last Friday...
EU - +4065
EY - +3277
AU - +505
This was using:
- 100+ close past 50 MA for EP
- No trade if 5 MA crossed 50 MA 3 or more times within 30 candles (if so wait 15 candles until next entry)
- No trade if 5 MA crossed 50 MA 2 or more times within 10 candles (if so wait 15 candles until next entry)
My money management was different however to that stated by zebulon.
For EU I used 2 lots for entry taking 1 lot profit at +200 at which point I move the SL to BE and letting the second lot run. If the 2nd lot hits +500 close trade. I am stopped out if the trade still runs and moves past the opposite side of 50 MA by 100 pips... I had no re-entries on a 50 MA re-touch...
For EY and AU I did the same but took profit at +150 and +400...
See at screen:
http://www.forexguns.com/fxg/bt-dancingema/4/fx6.png
It is not very good :-(