Disliked{quote} What about this one for the first link : DailyTradingUsingSMA5+BB20-2v1.1.ex4 As for the second link, I can see many coders are active on the thread. I am not sure if an EA was made or not. Please confirm. If not, I will need clear system rules as it would be difficult for me scan >3000 posts.Ignored
- Long - When previous D1 bull candle's body has clearly crossed SMA and did not touch BB upper band.
- Short - When previous D1 bear candle's body has clearly crossed SMA and did not touch BB lower band.
You can see several examples within just a few days on this visual test. None of the trades (well, arguably the first one) follow candles that have crossed through the SMA (blue).
In addition, once the EA is made I would like to do some work on how the trades are exited, to maximize profits and minimize losses there. That EA (even if it correctly followed the strategy), obviously doesn't allow for that so doesn't offer much chance of creating something profitable going forward.
ADDED: I think there is a signals indi for this strategy that does the same. My guess is that the EA has been built simply using this indi, therefore repeating its error.
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