The first was a long, and the present one is a short.
God's Love For You Is Sure Never You Doubt It
EMA crossover (ema 14 & 34) 4 replies
Questions on EMA and EMA vs SMA 6 replies
Please help code an EMA Crossover 12ema x 24 ema cross 1 reply
EMA's and MA's confiming small time correctoin ema's crossing 1 reply
DislikedI have knocked up a very basic version of what I understand the rules to be.
25 pip stop, 50 pip target, easy enough to change, but haven't bothered with a variable yet (busy).
If somebody can check to see if they agree with how it works etc, if there's anything which needs changing please say so, because I'm quite sure it's not perfect as is.Ignored
Dislikedthank you so much TraderHotch, this is really really helpful. i have laoded this on my demo.
one small correction, ema 8 is on open not close. dont know why but as per the strategy its like that. also ema 5,8,25.55 should be above ema 200 for long.Ignored
DislikedI have a trade opening short at 12:50 GMT on USD/CHF today if I were to follow your rules. I apologize for not being able to upload a chart. If you could be so kind, could you check and see if I understand your method correctly? Thanks in advance.Ignored
DislikedI've had a quick look at some back tests and it seems to be following the rules as I see them, care to highlight the problems with some charts?
Lot easier to fix that way. I admit it's probably not ready for live trading, but I'd rather make sure I have the rules correct before finishing touches etc.Ignored
DislikedThe rules were not followed..let me try and explain them using a live example....Mind you this works on all time frame, but you have to adjust your SL, TP and PATIENCE levels..lol I prefer the 5mins scalp because it gives me a good flow of the daily opportunity to grab few pips which adds up to substantial amount in a week or month....
I'll use the EurUsd 1hr chart to explain the 3 step rules as the signal unfolds..I hope i'll be able to keep up with posting it [forgive me, i'm a fund manager and i have a lot on my hands].
Right now we have...Ignored
DislikedHow about you show me the chart where they weren't followed? Lot easier to sort out that way.Ignored
DislikedThe rules were not followed..let me try and explain them using a live example....Mind you this works on all time frame, but you have to adjust your SL, TP and PATIENCE levels..lol I prefer the 5mins scalp because it gives me a good flow of the daily opportunity to grab few pips which adds up to substantial amount in a week or month....
I'll use the EurUsd 1hr chart to explain the 3 step rules as the signal unfolds..I hope i'll be able to keep up with posting it [forgive me, i'm a fund manager and i have a lot on my hands].
Right now we have...Ignored