A Popular Forex Trading Strategy (MA based)

Hello board,

I was wondering if you could help me to list some of the most popular (commonly used by technical traders) Forex trading strategies based on some type of MA (EMA, SMA, SSMA, WMA) or then based on some different indicators/rules or whatever that can be written down and tested-tested-tested.

I would be very thankful for any popular trading strategies that you can name, link or descripe yourself.

I really would like to backtest some of them manually and see the results and get the feeling of how the systems work.

PS: Please don't suggest me to make my own strategy myself. I could do that maybe later when I have more knowledge and skills, but currently I would just love to see how the strategies work on testing. I love testing, so please list some for me

http://www.robbooker.com/books/5_13_62.pdf

Please share your results with us.

Originally Posted by paultx<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

This system appeared in this month's SFO magazine. Its author is Boris Schlossberg.

Plot three SMAs on a 1 hour chart:
3 SMA
20 SMA
65 SMA

LONG ENTRY:
The 3 SMA must be above the 20 SMA and the 20 SMA must be above the 65 SMA.
Buy the close of a bar that closes under the 3 SMA.
Add a position if/when price touches the 20 SMA.

EXIT LONG:
Exit long on the next close of a bar that closes above the 3 SMA.

STOP LOSS:
A close below the 65 SMA.

SHORT TRADES are the reverse.

It looks fairly good on a chart. There are a lot of winners. The SL on a close below the 65 can be hellacious though.
This system might be worth working with.

http://www.forexfactory.com/forexfor...ead.php?t=7603

Thanks for your help and links: philmcgrew, Hungry Hyippo, renasdad

I will get on testing now and will see how they work for me.

BIG THANKS!

cool