All you touch and all you see, is all your life will ever be.
EMA crossover (ema 14 & 34) 4 replies
Any EA that shows when market has closed 20 days above/below ema 0 replies
Need alert indicator for candle closes above/below EMA 3 replies
alerts with arrows when price close below or above an EMA 0 replies
DislikedWhipsaws? YES 4HOUR CHART OF ANY TIMEFRAME Works better using weekly charts 8 EMA CLOSE 8 EMA OPEN 34 EMA CLOSE For long trades:8 EMA close closes above 8 ema open and 34 ema close. stoploss any close below 8 ema close and open. Add any filter OK to change or update the trading idea.Ignored
DislikedThis is the back-test equity curve. If shows a nice positive expectancy. Not bad with about $50k profit trading just one contract, before commission and slippage, if the trader can withstand the drawdown.Ignored
DislikedOne suggestion is to add a trend strength filter, like ADX; to avoid trading in sideways market.Ignored
Disliked{quote} The drawdown shown there is huge. But this is the inevitable reality of methods which are basically a moving average crossover (or, as you've backtested it, a moving average using the slope of a higher moving average as the directional bias): inevitably, there will eventually be a huge drawdown which would, in reality, take any retail trader out of the game. {quote} You can, but the mistake to avoid is imagining that somehow the eventual huge drawdown can be avoided by adding another indicator to weed out some of the losing trades. If only...Ignored