My trading strategy is very simple. I use a 2-EMA crossover signal, and after the crossover happens, there’s usually a pullback to the EMA. We place pending orders at those pullback levels.
You can customize the timeframes, SL, TP, and magic number to manage the trades, since each timeframe gives different signals, and this helps avoid conflicts between orders.
I also use BB limit entries to catch candle wicks that extend outside the Bollinger Bands.
This EA is just a tool to support your trading. The results still depend on how you use it.
Good luck!
Hey, where is the EA? Couldn’t find it anywhere attached… I read the strategy you used, and it’s quite popular. I have been playing with MA crossovers for quite some time and the main disadvantage for me was that they require a lot of monitor time. Automating this trading strategy, especially if you do it on a lower timeframe can work in the long run. The lower the timeframe is the more signals this strategy generates and having an EA to execute all the signals is definitely worthy to check it out. I am interested in backtesting the EA and seeing if it really works.
