First, I need to say: " Welcome traders! Who believe that a pure mechanical system can generate profit consistently ! " - The rest one, who think that EAs are just bullshit. Please don't come here to disencourage us. Thank you.
Hello all coder's guru,
I'm backtesting a pure mechanical system and it is being profitable. Help me turn it into an EA if you are not so busy
Result here: from 14/6 to now 89 trades = 569.7 pips =5697 points
If you need I will post the detailed backtest here
So here's the strategy, this strategy is based on the SonicR thread but I modified a lot. Hope it will be profitable in the long run.
Indicator: 34 EMA applied to HIGH
34 EMA applied to CLOSE
34 EMA applied to LOW
12 EMA applied to CLOSE
Fractal
Here is the illustration:
Pairs: GBPUSD
Timeframe: M15
Entry:
Long positon: 12EMA crosses 34EMA low upward, 12 EMA crossed 34EMA close upward, 12 EMA crosses 34 EMA hign upward. Buy at the close price of the candle where 12 EMA crosses 34 EMA high upward.
Illustration:
Attention: Do not open trade in this case
For short position, just reverse the long position .
SL: Choose the nearest fractal that must be outside the tunnel (34-34-34)
TP: Risk vs Reward ratio = 1:1
Money management: 1 lot per 10.000$
Here is a typical trade which earn 420 points = 42 pips
Ask me if you don't understand something in this first post because English isn't my mother language
Hello all coder's guru,
I'm backtesting a pure mechanical system and it is being profitable. Help me turn it into an EA if you are not so busy
Result here: from 14/6 to now 89 trades = 569.7 pips =5697 points
If you need I will post the detailed backtest here
So here's the strategy, this strategy is based on the SonicR thread but I modified a lot. Hope it will be profitable in the long run.
Indicator: 34 EMA applied to HIGH
34 EMA applied to CLOSE
34 EMA applied to LOW
12 EMA applied to CLOSE
Fractal
Here is the illustration:
Pairs: GBPUSD
Timeframe: M15
Entry:
Long positon: 12EMA crosses 34EMA low upward, 12 EMA crossed 34EMA close upward, 12 EMA crosses 34 EMA hign upward. Buy at the close price of the candle where 12 EMA crosses 34 EMA high upward.
Illustration:
Attention: Do not open trade in this case
Attached Image
For short position, just reverse the long position .
SL: Choose the nearest fractal that must be outside the tunnel (34-34-34)
TP: Risk vs Reward ratio = 1:1
Money management: 1 lot per 10.000$
Here is a typical trade which earn 420 points = 42 pips
Ask me if you don't understand something in this first post because English isn't my mother language