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2 Red 2 Green trend following system

  • #1
  • First Post: May 27, 2023 8:37pm May 27, 2023 8:37pm
2 Red 2 Green trend following system
Trading Rule : BUY
1. two red and two green candle forming
2. price of last green candle must above EMA50
3. CCI must above 0 level
4. Place but SL at EMA50, TP 1.5RR

Trading Rule : SELL
1. two green and two red candle forming
2. price of last red candle must below EMA50
3. CCI must below 0 level
4. Place but SL at EMA50, TP 1.5RR

BUY setup
Attached Image (click to enlarge)
Click to Enlarge Name: buy.PNG Size: 14 KB


SELL setup
Attached Image (click to enlarge)
Click to Enlarge Name: sell.PNG Size: 25 KB



Back test period around 2022 on AUDUSD win rat 56% 1.5RR
Attached Image (click to enlarge)
Click to Enlarge Name: bt.PNG Size: 56 KB


EA builder are welcome !!
  • #2
  • May 28, 2023 1:48am May 28, 2023 1:48am
have you tried scaling with gold and us30 at m1 m5?
  • #3
  • May 28, 2023 4:35am May 28, 2023 4:35am
[quote=noogolf;14440353]2 Red 2 Green trend following system Trading Rule : BUY 1. two red and two green candle forming 2. price of last green candle must above EMA50 3. CCI must above 0 level 4. Place but SL at EMA50, TP 1.5RR Trading Rule : SELL 1. two green and two red candle forming 2. price of last red candle must below EMA50 3. CCI must below 0 level 4. Place but SL at EMA50, TP 1.5RR BUY setup {image} SELL setup {image} Back test period around 2022 on AUDUSD win rat 56% 1.5RR {image} EA builder are



Have you tested with gold ?
Thobad
  • #4
  • May 28, 2023 8:40am May 28, 2023 8:40am
Quoting noogolf
2 Red 2 Green trend following system Trading Rule : BUY 1. two red and two green candle forming 2. price of last green candle must above EMA50 3. CCI must above 0 level 4. Place but SL at EMA50, TP 1.5RR Trading Rule : SELL 1. two green and two red candle forming 2. price of last red candle must below EMA50 3. CCI must below 0 level 4. Place but SL at EMA50, TP 1.5RR BUY setup {image} SELL setup {image} Back test period around 2022 on AUDUSD win rat 56% 1.5RR {image} EA builder are welcome !!
You just tested in trending condition.
What about ranging market. Guess it will not perform well
  • #5
  • May 29, 2023 3:07am May 29, 2023 3:07am
Which time frame is best ?
  • #6
  • Edited Jun 4, 2023 8:01am Jun 3, 2023 9:33am | Edited Jun 4, 2023 8:01am
Quoting noogolf
2 Red 2 Green trend following system Trading Rule : BUY 1. two red and two green candle forming 2. price of last green candle must above EMA50 3. CCI must above 0 level 4. Place but SL at EMA50, TP 1.5RR Trading Rule : SELL 1. two green and two red candle forming 2. price of last red candle must below EMA50 3. CCI must below 0 level 4. Place but SL at EMA50, TP 1.5RR BUY setup {image} SELL setup {image} Back test period around 2022 on AUDUSD win rat 56% 1.5RR {image} EA builder are welcome !!


i make it expert , use tick data for backtest

Attached File(s)
File Type: ex4 2red2green.ex4   12 KB | 438 downloads
  • #7
  • Jul 19, 2023 2:13pm Jul 19, 2023 2:13pm
What time frame?
  • #8
  • Jul 19, 2023 3:37pm Jul 19, 2023 3:37pm
Quoting Outcast918
What time frame?
Look at the second picture.
All you touch and all you see, is all your life will ever be.
  • #9
  • Last Post: Jul 20, 2023 12:04pm Jul 20, 2023 12:04pm
Quoting Ethan1991
{quote} i make it expert , use tick data for backtest {file}
says expired
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