EURUSD 5min SMA50-200 price cross Swing EA | Forex Factory

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Attachments: EURUSD 5min SMA50-200 price cross Swing EA
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EURUSD 5min SMA50-200 price cross Swing EA

  • #1
  • First Post: Sep 16, 2018 11:19am Sep 16, 2018 11:19am
I created this simple EA which works like this:
when SMA50 is above SMA200, buy when price cross above SMA50
when SMA50 in below SMA200, sell when price cross below SMA50

Backtested on EURUSD 5min timeframe, SL=75pips, TP=150pips, trailingStartPips=37, trailingStopPips=37, trailingStepPips=1
Noticed with this parameters the EA can catch big directional moves earning a lot while closing with little loss or breakeven when market starts to range, I strongly suggest you to visual backtest the EA in action so you can better understand and develop it for your needs.
Last 3 months period detailed statement
Attached Image (click to enlarge)
Click to Enlarge Name: b.PNG Size: 32 KB

Equity line
Attached Image (click to enlarge)
Click to Enlarge Name: a.PNG Size: 8 KB


You are free to download, use and backtest the EA, I tried different timeframes and parameters and this seems the most profitable, if you have a larger data period backtest it and post your results here (I backtested it only for last 3 months, it's not a lot but it was a period in which EURUSD had both big directional moves and trading ranges so it should fairly represents all market conditions).
Attached File(s)
File Type: ex4 Price cross SMA 50 200.ex4   199 KB | 1,505 downloads
  • #2
  • Sep 16, 2018 12:25pm Sep 16, 2018 12:25pm
Thank U, very much!

I will try it, but there is no Trendfilter for the upper Timeframe 1h or 4h.

you trade only this EA in 5 min Chart!?

Thank`s for your work

quentin
  • #3
  • Sep 17, 2018 1:46am Sep 17, 2018 1:46am
Quoting quentin09
Thank U, very much! I will try it, but there is no Trendfilter for the upper Timeframe 1h or 4h. you trade only this EA in 5 min Chart!? Thank`s for your work quentin
Hi Quentin, no trade filter but you can always analyze the fundamentals and let the EA trade in one direction. For the last 3 months period in EURUSD I found this strategy to be profitable on 5 min tf and with 50 and 200 sma, if you have longer periods data on your backtest database surely you will find other combinations of tf and ma to be profitable. Just research and post your result here please.
  • #4
  • Sep 17, 2018 11:23pm Sep 17, 2018 11:23pm
I thijk sl coukd be imprved to go se some logic imstead of fixed pips. It depends on volatility. At nights for example sl could be much tighter to get maximum profit.
  • #5
  • Sep 18, 2018 1:33am Sep 18, 2018 1:33am
Quoting SPeedFANat1c
I thijk sl coukd be imprved to go se some logic imstead of fixed pips. It depends on volatility. At nights for example sl could be much tighter to get maximum profit.
I'm interested in catching big swings, I found that not always a tighter stop profit equals an increase in profit.
  • #6
  • Sep 18, 2018 3:31am Sep 18, 2018 3:31am
Hi,

How to change the lot size. I am trying in Demo and Live. it is always placing the order 0.01 lots. I am running with default settings
  • #7
  • Sep 18, 2018 3:47am Sep 18, 2018 3:47am
Hi, have you tried only with EURUSD I can use other currency pairs?
  • #8
  • Sep 18, 2018 4:38am Sep 18, 2018 4:38am
Quoting Rainy88
{quote} I'm interested in catching big swings, I found that not always a tighter stop profit equals an increase in profit.
K think you can carth big swings still, just do not trail the sl tightly. Only initial when you see very low probability of it hitting. At least i am testing similar ena cross now, just with h1 . Btw i still think, can it be so simple and profitable. If so, why so many are strugling so much at beating forex
  • #9
  • Sep 18, 2018 4:41am Sep 18, 2018 4:41am
hi,
In live account it is not placing orders, even i checked the live Trade check box in EA options. But in demo account it is running smoothly.


Thanks
Karun
  • #10
  • Sep 18, 2018 3:59pm Sep 18, 2018 3:59pm
Quoting karun66
Hi, How to change the lot size. I am trying in Demo and Live. it is always placing the order 0.01 lots. I am running with default settings
Attached Image (click to enlarge)
Click to Enlarge Name: sdas.PNG Size: 25 KB

that how you can change lot size for buy and sell positions.
  • #11
  • Sep 18, 2018 4:00pm Sep 18, 2018 4:00pm
Quoting anime971
Hi, have you tried only with EURUSD I can use other currency pairs?
I tested it only on EURUSD...
  • #12
  • Sep 18, 2018 4:52pm Sep 18, 2018 4:52pm
Quoting Rainy88
I created this simple EA which works like this: when SMA50 is above SMA200, buy when price cross above SMA50 when SMA50 in below SMA200, sell when price cross below SMA50 Backtested on EURUSD 5min timeframe, SL=75pips, TP=150pips, trailingStartPips=37, trailingStopPips=37, trailingStepPips=1 Noticed with this parameters the EA can catch big directional moves earning a lot while closing with little loss or breakeven when market starts to range, I strongly suggest you to visual backtest the EA in action so you can better understand and develop it...
Rainy88,
Thanks for posting the method. What "apply to" value (i.e. open, close, high, low, median, etc.) have you been using and found most effective?
Thanks.
  • #13
  • Sep 18, 2018 5:19pm Sep 18, 2018 5:19pm
Quoting MidnightRun
{quote} Rainy88, Thanks for posting the method. What "apply to" value (i.e. open, close, high, low, median, etc.) have you been using and found most effective? Thanks.
Since the moving averages are pretty high value (50 and 200) it's not crucial the "apply to" value, I used the close to calculate them as it's the most important value of a candle for me.
  • #14
  • Sep 18, 2018 5:40pm Sep 18, 2018 5:40pm
Quoting Rainy88
{quote} Since the moving averages are pretty high value (50 and 200) it's not crucial the "apply to" value, I used the close to calculate them as it's the most important value of a candle for me.
Thanks!
  • #15
  • Last Post: Sep 18, 2018 8:43pm Sep 18, 2018 8:43pm
Quoting Rainy88
{quote} {image} that how you can change lot size for buy and sell positions.

Thanks a lot. have a good day
Karun
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