Bollinger bands + 50 EMA

Quoting hibra68

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But as for the EA I have a friend who can do it. Its not really urgent at the moment.

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Quoting Magix

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{quote} Must not be a really good friend. With a Freeware coded EA, available at FF...and 45 minutes, I could show you how to code this motherfucker - (Same $50 USD for MAWF applies) Will continue on my path, keep eyes on my Charity Thread...maybe when I'm finished, it will offer what you are looking for. Best of luck to you, sir! Keep it going, dude...this is pretty much how I started to really get my feet wet in this shit too! \m/

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Quoting hibra68

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I think I made a mistake with the name, I limited to 50 ema. We can add more moving averages later on to determine exhaustion, momentum, rejection(for entries) and so on.

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Quoting Magix

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{quote} NAH! Stay the course, man!! You've done what most others fail to do! Define a Trend - 20SMA and 50EMA - using one of the most common Moving Average Crosses, that allows for a Pull Back. Defined a Pullback Trigger on Trend. Defined a Cost Averaging Strategy. Defined 2x closing ideas, in and out of defined trend! Before you move on...give this some time!! The idea is solid, just may need some tweaking and a few bells n whistles...

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Quoting hibra68

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{quote} Thank you. I will add more rules. Just to give you idea for your personal testing. e.g. price breaks out of top bb and closes back inside with bearish candle (it could be momentum or exhaustion) we have to assume exhaustion , so we close all our longs that were say .02 lots each and we start buying again but with half the lots .01. And so on. We assume that the market is losing volume and might reverse abruptly so we take caution. Like I said I will add other things to determine momentum or exhaustion. By the way this isnt my idea at all...

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Quoting Magix

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{quote} MillionDollar EA was written on BBs. It was total fucking garbage...but did offer a unique idea for cost averaging - increasing lot sizes. Blew up every account I ever tested it on...and hundreds of others that I saw... You need a start! Right Where you Started! You need to observe this in real time...H1, not favorable because it can literally take months to dispell this idea or add to actual logic, not what you see on the historical charts, but from here, you will have an actual Starting Point! Patience is the key to Forex. Same as any...

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Quoting dkrock

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Since you say this isn't yours, I would dump it as fast as I could. There is no reference to why they are using 20 and 50 on a 1HR chart, and in reality, it makes no sense. They apparently just picked those values out of the air, so buyer beware, there is no reality to the theory. If you want to add hocus-pocus candlestick trading to it, lol, I am sure that will help to make it worse. Can't wait to see how big your losses are during consolidation that ends in a direction change. Of course, 10 cents of profit per trade with an account size of $10,000...

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Quoting dkrock

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{quote} You're awesome. Thank you for your uninformed opinion. Da MAN!!

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Quoting dkrock

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Wrong sample sizes...one candle, SMA 20, deviation 2, and 50 EMA on a 1HR chart...all bad choices. Good Luck.

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Quoting hibra68

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{quote} Well I did say it is not a system yet. Why dont you be positive and give me, us the "right sample sizes".

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Quoting dkrock

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{quote} You're awesome. Thank you for your uninformed opinion. Da MAN!! When you grow up and learn how to make money, we can talk. Until then, LOL, the only joke is you. Over 17,000 posts of drivel, LOL. You are really full of yourself. LOL. Write some more posts, lol. Maybe it will matter to someone, lol. This technique is crap, and my opinion will be proved soon enough by anyone that tries this, lol. I don't have to say anymore about it. Money talks, magix walks.

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Quoting dkrock

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{quote} First, you asked for my opinion, which is entirely valid, despite what magix thinks. Second, if I told you the right sample sizes, I would be depriving you of all the years it took me to find them, and who really wants that? I said Good Luck, so I am being positive. It is your choice to chase this idea. Been there, done that, but I learned from it, so maybe you will too. You can learn more about how I do things on my thread. On this thread, I am only providing my opinion, based on my 40,000+ hours of trading experience. Believe me, or believe...

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Quoting dkrock

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{quote} When you finally get around to doing some research on me you will find I don't need candlesticks to trade, lol, so hmm, you are way behind. The sample size of a candle is "1", making it extremely unreliable. You keep believing your greatness, LOL.

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Quoting dkrock

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From Post 1: Hi guys I just wanted to share a strategy here so that I can get a feedback from everyone who tests it in their spare time. I am not really sure why you feel offended that I commented about this strategy, but it is your problem to deal with, not mine. Good Luck.

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Quoting dkrock

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Another thread of nonsense with trolls passionately defending it. What a waste of time. I leave you to your swamp.

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Quoting dkrock

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{quote} I just get tired of trolls, especially you.

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Quoting dkrock

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{quote} Dude/Dudette...you made a thread and asked for feedback. I gave it to you without calling you names or challenging your ability to trade. The settings for this technique do not correlate to anything. That renders it useless. Simple. If that doesn't bother you, and you want to trade it, then trade it. I don't care.

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Quoting hibra68

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{quote} I asked for feedback from people that tested it. Have you tested it or even looked at it closely? Like Magix said looks like you keep trolling other threads and making useless comments.

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