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Attachments: 15 Minute MA+SAR trading strategy
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15 Minute MA+SAR trading strategy

  • Post #1
  • Quote
  • First Post: Jun 1, 2007 8:09am Jun 1, 2007 8:09am
  •  aghast
  • | Joined Jun 2006 | Status: Fixed Income & Currencies Trader | 58 Posts
Hello guys,

I want to share a method for trading the 15 minutes chart. I mainly used it on JPY pairs but it works good on other too. I'll provide the setup, the template and a beta version EA of it but I'll not disclose the code at this time.

First we have to create the NO-TRADE channel. Create a SMA with period 1 and apply to high. Create a SMA with period 1 and apply to low. This is the NO-TRADE channel. I'll explain later why.

Secondly, we need to create two EMA. First EMA is with period 55 and apply weighted close. Second EMA is with period 5 and apply to weighted close again.

Now place SAR with default setup.

Here is when we enter long (I prefer to enter when there is a fresh cross of the emas). When 5 EMA crosses 55 EMA up and SAR shows dot bellow price. Also we won't enter if the 55 EMA is inside the NO-TRADE channel.

And here is for short. When 5 EMA crosses 55 EMA down and SAR shows dot above price. Again if 55 EMA is inside NO-TRADE channel we don't trade.

P.S. Here are the goodies.

P.S.S. The EA is backtestable and forward testable.
Attached File(s)
File Type: ex4 Blut Und Feuer.ex4   7 KB | 2,673 downloads
File Type: tpl blut und feuer.tpl   2 KB | 2,861 downloads
Fortune always favors the brave.
Quoting aghast
Here is when we enter long (I prefer to enter when there is a fresh cross of the emas). When 5 EMA crosses 55 EMA up and SAR shows dot bellow price. Also we won't enter if the 55 EMA is inside the NO-TRADE channel.

And here is for short. When 5 EMA crosses 55 EMA down and SAR shows dot above price. Again if 55 EMA is inside NO-TRADE channel we don't trade.
Hi ,

can you send your screen shot + give me more comment about short and long stat? when we will close our trade in your system??!!!!!
Hi aghast, Thanks for sharing, how long did you test it live? Also, did you have any drawdowns to a certain big level?
  •  aghast
  • | Joined Jun 2006 | Status: Fixed Income & Currencies Trader | 58 Posts
Quoting viking
Hi ,

can you send your screen shot + give me more comment about short and long stat? when we will close our trade in your system??!!!!!
Profit is entirely up to you. The EA will exit on reverse crossover of the emas if the profit is more than 0.

See the screenshot how it crossed and sar confirmed. This is what i mean.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.jpg Size: 64 KB
Fortune always favors the brave.
  •  aghast
  • | Joined Jun 2006 | Status: Fixed Income & Currencies Trader | 58 Posts
Quoting MegaPips
Hi aghast, Thanks for sharing, how long did you test it live? Also, did you have any drawdowns to a certain big level?
A few months.
Fortune always favors the brave.
Quoting aghast
Profit is entirely up to you. The EA will exit on reverse crossover of the emas if the profit is more than 0.

See the screenshot how it crossed and sar confirmed. This is what i mean.
Great looking system, thanks for posting. I noticed on your screenshot is 1H chart, what TF do you use with this system? Also, there are RSI and Stoch, how you use them?

One more question. Do you close trade if EMA55 goes to NO-TRADE zone, or you wait for cross to close it.
Hi Aghast

Hope you can help me but I cant get the EA to work. Cannot get a smiley face when applying the EA and the EA stays grey in the Navigator. Did restart Metatrader after copying to experts folder.
  • Post #8
  • Quote
  • Edited 5:46pm Jun 1, 2007 5:31pm | Edited 5:46pm
thats one ugly backtesting EA.

I tried it on cable and euro and it tank them both.

It does ok on cable with long entries only and h1 period was only one profitable.
It seems the short entries tank it, either by themselves or going long&short.

watched the system today and worked ok at the end of the day.
  •  aghast
  • | Joined Jun 2006 | Status: Fixed Income & Currencies Trader | 58 Posts
Quoting cray74
Great looking system, thanks for posting. I noticed on your screenshot is 1H chart, what TF do you use with this system? Also, there are RSI and Stoch, how you use them?

One more question. Do you close trade if EMA55 goes to NO-TRADE zone, or you wait for cross to close it.

Hi Cray74, the Stochastic and RSI are just to check whether there will be a slight pullback when borh EMAs and SAR confirm a position. Often when they confirm a position Stochastic or RSI will be in extreme levels and I'll wait for them to settle down and then enter. It saved my skin quite a few times. When the 55 period EMA is in the no-trade zone you don't enter a trade but you can maange an open position.
Fortune always favors the brave.
  •  aghast
  • | Joined Jun 2006 | Status: Fixed Income & Currencies Trader | 58 Posts
Quoting farimir
Hi Aghast

Hope you can help me but I cant get the EA to work. Cannot get a smiley face when applying the EA and the EA stays grey in the Navigator. Did restart Metatrader after copying to experts folder.
Hello Farimir,

you'll need to enable exper advisors from options in metatrader. Go to Tools -> Options -> Exper Advisors and enable them. Then you'll need to enable Exper Advisors from the menu to make them work.
Fortune always favors the brave.
  •  aghast
  • | Joined Jun 2006 | Status: Fixed Income & Currencies Trader | 58 Posts
Quoting droesparky
thats one ugly backtesting EA.

I tried it on cable and euro and it tank them both.

It does ok on cable with long entries only and h1 period was only one profitable.
It seems the short entries tank it, either by themselves or going long&short.

watched the system today and worked ok at the end of the day.
Hey I never said the EA was ready, nor I said that the system is for other pairs. I use it on GBPJPY 15 and on others. If you use it on other pairs on other timeframes that is not what I did. Plus, backtesting is a cool addition but it's nor reliable.
Fortune always favors the brave.
What do u mean by no trade zone and how can i set that? When will u post the code for us to test run it? Thanks for your support.
Quoting Chief
What do u mean by no trade zone and how can i set that? When will u post the code for us to test run it? Thanks for your support.
chief,u can download the .tpl file,and u'll get what u want....
Nice strategy, can't wait to try it on Monday.. Thanks for sharing it
Hi all, I am inpressed! I am surpized that this thread does not have a million viewers. I set this up as you explained then I looked back over the past 30 day on just about every pair. Each time the emas cross and I get either a buy or sell it DOES GO IN THE RIGHT DIRECTION. WOW! Is there anyone out there that is testing or using this system live? Thank you for sharing this idea.
  • Post #16
  • Quote
  • Edited 6:32am Nov 30, 2007 6:21am | Edited 6:32am
Quoting aghast
Here is when we enter long (I prefer to enter when there is a fresh cross of the emas). When 5 EMA crosses 55 EMA up and SAR shows dot bellow price. Also we won't enter if the 55 EMA is inside the NO-TRADE channel.
Thank you aghast for sharing the strategy. As I checked the last 30 days almost in all of the enteries the EMA 55 is in NO TRADE ZONE but after 1 or 2 candles it comes out and we have good move , on the other hand the wrong signals happens when EMA 55 is in NO TRADE ZONE too , how can we use this filter ( EMA 55 in NO TRADE ZONE)?
KEEP YOUR FAITH .
hello aghast,
can you share mq4 file; I would make modifications concerning MM
I think entries are pretty well done, but manage TP can be done much better..
Hi!

Intresting system, when i first read on it i did think it was just like every ema system so i think oooo yes just another ema not working system. But them i so it was little different so i thout ill give it a chans and it looks verry good but what do you mean when u say the 55ema must be outside the 1sma channel can u show on a picture how it looks like when it has a crossover and are not in the channel and when it have a crossover and are in the channel this is little confusing for me.


best regards
Quote
First we have to create the NO-TRADE channel. Create a SMA with period 1 and apply to high. Create a SMA with period 1 and apply to low. This is the NO-TRADE channel. I'll explain later why.

Could you please elaborate what NO-TRADE channel is?
And thank you for sharing, Aghast.
  • Post #20
  • Quote
  • Last Post: Nov 24, 2010 8:15am Nov 24, 2010 8:15am
I guess NOtrade channel is to avoid whipsaw.
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