Golden-Cross Trading-Idea | Forex Factory

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Golden-Cross Trading-Idea

  • #1
  • First Post: Edited May 4, 2025 3:04pm Feb 25, 2023 1:01pm | Edited May 4, 2025 3:04pm
GoldenCross
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rDaily-GC.png Size: 12 KB



SmallWick

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.rDaily-1.png Size: 12 KB


GoldenCross + SmallWick
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.rDaily-2.png Size: 14 KB

.ex4 files for GoldenCross and SmallWicks

Attached File(s)
File Type: zip GoldenCross_SmallWick_Exe files.zip   187 KB | 1,346 downloads | Uploaded May 4, 2025 2:56pm








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In the literature one finds different variants for the Golden-Cross and Death-Cross, mostly as a crossing of a short with a long moving average.
Here I present my own variant, namely the crossing of two LWMAs (Linear Weighted MA) calculated with period 5 for Open and Close.
The "smGoldenCross Trend" indicator plots the moving averages, or just the mean of the two moving averages.
Attached Image (click to enlarge)
Click to Enlarge Name: GoldenCross-1.PNG Size: 14 KB

An interesting and useful idea is to determine the future close values for which the crossing will take place.
A buy stop or sell stop on this level can be considered.
Attached Image (click to enlarge)
Click to Enlarge Name: GoldenCross-2.PNG Size: 15 KB

For trading you should use the "Triple Screen" method according to Elder.
The timeframes Upper, Current, Lower are:
M15-M5-M1
H1-M15-M5
H4-H1-M15
D1-H4-H1
W1-D1-H4
MN1-W1-D1

If there are members who are interested in this idea, I will also post further indicators.
Attached File(s)
File Type: ex4 smGoldenCross Trend_v2.2.ex4   28 KB | 2,736 downloads
  • #2
  • Edited 2:56pm Feb 25, 2023 1:37pm | Edited 2:56pm
Interested. What’s the steps to trade this?
  • #3
  • Feb 25, 2023 3:30pm Feb 25, 2023 3:30pm
Hi Swingman,
Good to see your post. I've used the 50EMA & 200EMA & it served me well. Best wishes for your thread.
  • #4
  • Feb 25, 2023 5:15pm Feb 25, 2023 5:15pm
Hi Swingman

I am in Interested
  • #5
  • Feb 25, 2023 5:27pm Feb 25, 2023 5:27pm
Interested
Thank you
  • #6
  • Feb 25, 2023 6:53pm Feb 25, 2023 6:53pm
great, interesting
  • #7
  • Feb 26, 2023 1:56am Feb 26, 2023 1:56am
Hi Swingman. i'm in of course
  • #8
  • Feb 26, 2023 4:53am Feb 26, 2023 4:53am
Hi swingman.
Following his thread, as always.
  • #9
  • Feb 26, 2023 4:53am Feb 26, 2023 4:53am
I'm in! Thank you in advance.
  • #10
  • Edited 2:06pm Feb 26, 2023 7:23am | Edited 2:06pm
New version "smGoldenCross Signals_v1.1 "

Here is a new version with signals, and a small correction has also been made.
(Please replace the version "Trend_v2.1" with "Trend_v2.2" in #Post 1).


For a long trend, the program makes a prediction at what price the trend will change from long to short.

So that a signal does not come at the first tick, one can take into account a small distance (the parameter "Offset_forCrossing=10" e.g.)

The crossing signals will be sent as alerts and emails for each time frame of the triple screen.
Attached Image (click to enlarge)
Click to Enlarge Name: GoldenCross-3.PNG Size: 12 KB
Attached File(s)
File Type: ex4 smGoldenCross Signals_v1.1.ex4   31 KB | 1,422 downloads
  • #11
  • Feb 26, 2023 7:52am Feb 26, 2023 7:52am
Hi, is it possible to have the indicator for MT5?
  • #12
  • Feb 26, 2023 7:56am Feb 26, 2023 7:56am
All Crosses happen after price has moved for a significant amount , so most of the actual trade is lost due to the lag. In your pictures, assuming you would had taken those trades, you would had barely break even. How long have you traded this ideea?
  • #13
  • Feb 26, 2023 10:23am Feb 26, 2023 10:23am
Quoting MickyMouseFX
All Crosses happen after price has moved for a significant amount , so most of the actual trade is lost due to the lag. In your pictures, assuming you would had taken those trades, you would had barely break even.
That's not the case, I'll post an example.

How long have you traded this ideea?
Please don't ask me something like that. When I'm programming I don't have time to trade and vice versa...
.
  • #14
  • Feb 26, 2023 10:26am Feb 26, 2023 10:26am
With the rules of Triple Screen, one can do the following:

- In order to trade on D1, one should consider the main trend of W1.

- Entries can be made directly on D1, or a time frame lower, on H4.
Attached Image (click to enlarge)
Click to Enlarge Name: GoldenCross-4.PNG Size: 27 KB
  • #15
  • Feb 26, 2023 10:40am Feb 26, 2023 10:40am
The actual cross was confirmed on the close of day 3/02 yet somehow you are counting the points from the begining of the daily bar.
Are you somehow able to see crosses before they occur?
Attached Image (click to enlarge)
Click to Enlarge Name: GoldenCross-4xx.jpg Size: 206 KB
  • #16
  • Feb 26, 2023 2:11pm Feb 26, 2023 2:11pm
Please replace from #Post 10 the version Signals_v1.0 with Signals_v1.1
  • #17
  • Feb 26, 2023 2:17pm Feb 26, 2023 2:17pm
Quoting MickyMouseFX
All Crosses happen after price has moved for a significant amount , so most of the actual trade is lost due to the lag. In your pictures, assuming you would had taken those trades, you would had barely break even. How long have you traded this ideea?
read carefully...
Attached Image (click to enlarge)
Click to Enlarge Name: изображение_2023-02-26_201742888.png Size: 32 KB
  • #18
  • Feb 26, 2023 2:58pm Feb 26, 2023 2:58pm
Quoting veter
{quote} read carefully... {image}
People prefer to first criticize before reading or trying it out themselves. Of course most of them wont even do that much and stop at criticising.

Those are commonly known as morons and shouldn't be paid attention to. Otherwise they actually think that people care about their idiotic opinion, giving them a feeling of accomplishment.

He is a new member, yet already manages to write so much trash that he could easily be a candidate for the next US President voting.

Everyone should put him on the ignore list, before he thinks he is actually worth anything.
Dont be upset with the result you didnt get from the work you didnt do
  • #19
  • Edited 3:46pm Feb 26, 2023 3:34pm | Edited 3:46pm
A nice concept. I will test it.

A stupid question. Would you combine this with other Strategies you tested before?

And most important as always. Whats the best money Management
  • #20
  • Edited 4:35pm Feb 26, 2023 4:22pm | Edited 4:35pm
Quoting MickyMouseFX
The actual cross was confirmed on the close of day 3/02 yet somehow you are counting the points from the begining of the daily bar.

Are you somehow able to see crosses before they occur?
Yes.
Nobody is perfect, not even me...

Very nice that you are critical of the indicator, but from your two contributions I have the impression that you have not fully understood the basic idea.
Mathematically, it is calculated at which price the two moving averages will cross.
Of course, after this point in time, prices will fluctuate, and at the end of the bar the crossover will exist or be a long time coming.

In any case, one have a predicted value at which an action can be started.
Rules on how to get in, how to calculate risk and how to get out are quite a lot, and that is the job of the trader.
If I see that the idea can be put into practice, I will also program an EA, that's no problem.

I would also like to know how qualified your comments are so that they are worth further replying to.
For that I ask you to share how to calculate the predicted price for crossing the two moving averages. It's easy…
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