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The art of Trading MAs

  • #881
  • May 20, 2020 3:46pm May 20, 2020 3:46pm
Hello traders
You are often talking about how to see if a MA crossover is valid or not. I use two indicators to filter out the bad from the good ones.
The MTF Dashboard indicator shows the SMA on the other time frames and the TrendStrength RSI MTF shows the RSI in the moment on your trading time frame.
Look at the charts right lower corner.
Attached Image (click to enlarge)
Click to Enlarge Name: SMA.png Size: 69 KB


Now when you see a crossover as the rules says...check the RSI....if itīs over 50 you go north and under 50 you go south.
If itīs below 28 there may be a reversal coming and if itīs above 68 the same will maybe happening.

When you see a crossover also can look at the MTF Dashboard to see if 2 or more timeframes show the same on the SMA200
If there is 2 or more green timeframes...you go North
If there is 2 or more red timeframes....you go South

Hope this will help.
  • #882
  • May 26, 2020 5:56pm May 26, 2020 5:56pm
Quoting 4XWeezal
vI assume everyone has the settings for the cog so youll need to make your setting adjustments. I took a public ea written by Coders guru and adjusted. I have not tested yet but that something people can do... coders guru is a fairly decent money managment programmer and ema cross kind person so that will be of high quality. I was planning to use another ea I wrote but it has some proprietary type things that are different and took a long time to develop so you will need to understand if I am not all that interested in releasing. If the system is...
This EA makes a lot of losses.
  • #883
  • May 26, 2020 5:59pm May 26, 2020 5:59pm
Quoting 4XWeezal
well, just reviewing. change your hedge to 1. Also, you are correct. It looks good but does not test out. so..hmm...Halfway there! try this....it picks up the values better. {file}
This EA also makes a lot of Losses.
  • #884
  • Last Post: May 27, 2020 12:27am May 27, 2020 12:27am
Quoting kimmoe58sma
Hello traders You are often talking about how to see if a MA crossover is valid or not. I use two indicators to filter out the bad from the good ones. The MTF Dashboard indicator shows the SMA on the other time frames and the TrendStrength RSI MTF shows the RSI in the moment on your trading time frame. Look at the charts right lower corner. {image} Now when you see a crossover as the rules says...check the RSI....if itīs over 50 you go north and under 50 you go south. If itīs below 28 there may be a reversal coming and if itīs above 68 the same...
I've experimented it beforehand, however, the result isn't promising. The losses were far too troubling as opposed to the winners. The only attribute that is consistently performing above par over time would be the COG indicator, in and of itself as it's a leading indicator implying the directions of the market in a precise manner. However, there are definite rules to follow, as to which part of the system can be enhance to further develop a series of consistent winners.

MA in my honest opinion is not a wise addition either, however, please do visit this thread: https://www.forexfactory.com/showthread.php?t=993524. They are using MA in a unique yet effective manner.
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