Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Day Trading system - Simple system to make money 51 replies

Another great Breakout GBP/JPY System (Dachel's Simple system) 62 replies

Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 176 replies

My Simple System (Can we automate this system?) 96 replies

An Easy System (With the help of ES Trader - Another Simple System) 13 replies

Attachments: Simple 5m GBPUSD trade system
Exit Attachments

Simple 5m GBPUSD trade system

  • Post #1
  • Quote
  • First Post: Jun 16, 2010 5:15pm Jun 16, 2010 5:15pm
Hello, Traders!

I want to present simple strategy based on MACD and EMA Crossover indicators.
For trade I'm using GBPUSD in 5m timeframe.

This way we need to install MACD Histogram (21,34,1) and EMA Crossover (21,34). Template is attached to this post.

Entry:

When MACD crosses zero line or EMA Crossover images pointer apply enter market.

Stop Loss and Take Profit:

Stop loss: 15 pips
Take profit: 30 pips

Trading time:

I advise to trade during active market hours (Frankfurt Open, London open, New York open).

I advised to use standard instruments ( TL, MACD divergence) for identification of better entries.
Attached Files
File Type: tpl gu 5m.tpl   2 KB | 985 downloads
File Type: ex4 5-8openEMA_Cross_Arrow_with_Alerts.ex4   5 KB | 1,053 downloads
Quoting Yahoo!!!
Hello, Traders!

I want to present simple strategy based on MACD and EMA Crossover indicators.
For trade I'm using GBPUSD in 5m timeframe.

This way we need to install MACD Histogram (21,34,1) and EMA Crossover (21,34). Template is attached to this post.

Entry:

When MACD crosses zero line or EMA Crossover images pointer apply enter market.

Stop Loss and Take Profit:

Stop loss: 15 pips
Take profit: 30 pips

Trading time:

I advise to trade during active market hours (Frankfurt Open, London open, New York open).

I advised...
Thanks for sharing! Could you please post a screenshot?
Here is an example of today trade
Attached Image (click to enlarge)
Click to Enlarge Name: 12.gif Size: 24 KB
Quoting Yahoo!!!
Hello, Traders!

I want to present simple strategy based on MACD and EMA Crossover indicators.
For trade I'm using GBPUSD in 5m timeframe.

This way we need to install MACD Histogram (21,34,1) and EMA Crossover (21,34). Template is attached to this post.

Entry:

When MACD crosses zero line or EMA Crossover images pointer apply enter market.

Stop Loss and Take Profit:

Stop loss: 15 pips
Take profit: 30 pips

Trading time:

I advise to trade during active market hours (Frankfurt Open, London open, New York...
Do you enter when the MACD histogram crosses zero or when the arrows appear?
You mention using an EMA 21/34 crossover but your indicator appears to be a 5/8 crossover; which one do you use?

Thanks
Quoting finally
Do you enter when the MACD histogram crosses zero or when the arrows appear?
You mention using an EMA 21/34 crossover but your indicator appears to be a 5/8 crossover; which one do you use?

Thanks
Hi finally!

I'm enter when MACD histogram crosses zero or when the arrows apper. Its same.
Change EMA crossover parameters from 5/8 to 21/34.

Regards,
Yahoo.
enter
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 20 KB
o our regret i have take SL
but next enter turn out positive.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 22 KB
Quoting Yahoo!!!
Hello, Traders!

I want to present simple strategy based on MACD and EMA Crossover indicators.
For trade I'm using GBPUSD in 5m timeframe.

This way we need to install MACD Histogram (21,34,1) and EMA Crossover (21,34). Template is attached to this post.

Entry:

When MACD crosses zero line or EMA Crossover images pointer apply enter market.

Stop Loss and Take Profit:

Stop loss: 15 pips
Take profit: 30 pips

Trading time:

I advise to trade during active market hours (Frankfurt Open, London open, New York open).

I advised...

Hi Yahoo

Simple system, I like it.....as long as signals are filtered, it looks very interesting when you add pivots, daily opens etc.

Many thanks for sharing with us.

I have one question I was hoping you would answer, what level of success have you had so far and how long have you bee using it (demo and live)

Many thanks
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
Quoting Yahoo!!!
Hi finally!

I'm enter when MACD histogram crosses zero or when the arrows apper. Its same.
Change EMA crossover parameters from 5/8 to 21/34.

Regards,
Yahoo.
What is the advantage of using a 21/34 MACD cross?

Statistically, Are these numbers more profitable than other MACD crosses?

I haven't found any MACD crosses to be profitable. Maybe these are the magic numbers. I hope so.
Well......the thread starter is a gonna!! pity, the system wasn't too bad, with added PA of course.
What you do is a reflection of you....what I do is a reflection of me.
  • Post #11
  • Quote
  • Last Post: Jul 10, 2010 9:33am Jul 10, 2010 9:33am
I did simulation and with your settings I get no trades in half a year...

I did optimization for Instaforex feed I use and i got 2% profit in 5 months and no losing trades:

http://i614.photobucket.com/albums/t.../simple-5m.png

after more optimization we got 5,6 % profit in 5 months:

http://i614.photobucket.com/albums/t.../more-opti.png
Cut short your losses. Let your profits run on. David Ricardo (1772-1823)
0 traders viewing now