MY MA crossover (Jacko AH hybrid) | Forex Factory

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MY MA crossover (Jacko AH hybrid)

  • #1
  • First Post: Nov 18, 2007 5:50pm Nov 18, 2007 5:50pm
Greetings.

I've been reading about MA crossover systems for years. They get killed in choppy markets. The problem is that they are stop and reverse systems.

So, I was just churning a few ideas in my mind, and I came up with this.

Pick your MA crossover that has done well. I don't really have numbers for this yet.

Now, when there is a cross up or down, do not enter. Wait for the price to move X pips up or down as a confirmation. This might be a SR line or something similar to Nicotina's 8 hour box. This keeps you from getting sucked into the choppy mess that MA systems are prone to.

Anyway, let's say you enter the trade, and it goes against you. The stop is the price where the MA cross occured. If the price moves back up (or down) to the original entry, reenter (the Jacko aspect) unless a new cross occurs.

Let's say a new cross occurs before your SR confirmation described above. The old signal is now void, and the new cross is the valid signal, so now you have to wait for the price to move in the opposite direction X pips for that entry.

Could something like this work? Possibly. I might write an EA for it, and run some backtests on various pairs.

Cheers.
  • #2
  • Nov 18, 2007 6:02pm Nov 18, 2007 6:02pm
Hi td,
its an interesting idea you have here and rest assured I will be keeping my eye on this thread. Long been an admirer of your posts. I too have always been an advocate of the MA and now prefer them to other 'standard' indicators.
The concept of 'second time through' always deceives me and, well, I'd welcome anything that enlightens me. I'll be a regular.
Dave
  • #3
  • Nov 18, 2007 6:25pm Nov 18, 2007 6:25pm
Someone wrote the EA already. It's now version 8.1.

Quote
Pivot Filter Setting :
-------------------
ver.8.0 Use.Pivot.Filter (default false)
Set to true if you like to filter the trade, only BUY if the cross of Slow and Fast MA occur between S1 and S2 and only SELL if the cross of Slow and Fast MA occur between R1 and R2.
Attached File(s)
File Type: mq4 universalMACrossEA.mq4   33 KB | 959 downloads
  • #4
  • Nov 18, 2007 8:03pm Nov 18, 2007 8:03pm
The best MA cross system I have come across is the EMA step system found at babypips. The guy has been trading it profitibaly since december last year. You should check out the thread but it's basically ema 1 and 5 on daily charts but he does scalp the smaller tf's with success.
  • #5
  • Nov 18, 2007 8:35pm Nov 18, 2007 8:35pm
Quoting banzai
Someone wrote the EA already. It's now version 8.1.
What does "Reverse Entry Condition" do?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #6
  • Nov 18, 2007 8:44pm Nov 18, 2007 8:44pm
Quoting matrixebiz
What does "Reverse Entry Condition" do?
Quote
Order Setting :
--------------
ReverseCondition (default false)
Set TRUE to reverse the entry condition.

I never use any EA so I don't know much about EA.
  • #7
  • Nov 21, 2007 11:42pm Nov 21, 2007 11:42pm
the result of the EA I tested is not good.Is there any problem?
  • #8
  • Dec 3, 2007 10:11pm Dec 3, 2007 10:11pm
I have a little different take on this strategy. I wait for price to comeback and touch the fastest ema and perhaps pierce it by x # of pips and then buy. Specially with the GBP crosses you have to wait until it pierces the fastest ema in order to buy it.
  • #9
  • Dec 4, 2007 6:19am Dec 4, 2007 6:19am
Quoting cryten
The best MA cross system I have come across is the EMA step system found at babypips. The guy has been trading it profitibaly since december last year. You should check out the thread but it's basically ema 1 and 5 on daily charts but he does scalp the smaller tf's with success.
ema 1 and 5 on daily charts, that's all ?

if it works, it'll mean the end of all headaches for me......heartaches too........

have your excellency taken a look yet ?
  • #10
  • Last Post: Dec 4, 2007 6:22am Dec 4, 2007 6:22am
Quoting tdion
Greetings.

I've been reading about MA crossover systems for years. They get killed in choppy markets. The problem is that they are stop and reverse systems.

So, I was just churning a few ideas in my mind, and I came up with this.

Pick your MA crossover that has done well. I don't really have numbers for this yet.

Now, when there is a cross up or down, do not enter. Wait for the price to move X pips up or down as a confirmation. This might be a SR line or something similar to Nicotina's 8 hour box. This keeps you from getting sucked into the choppy mess that MA systems are prone to.

Anyway, let's say you enter the trade, and it goes against you. The stop is the price where the MA cross occured. If the price moves back up (or down) to the original entry, reenter (the Jacko aspect) unless a new cross occurs.

Let's say a new cross occurs before your SR confirmation described above. The old signal is now void, and the new cross is the valid signal, so now you have to wait for the price to move in the opposite direction X pips for that entry.

Could something like this work? Possibly. I might write an EA for it, and run some backtests on various pairs.

Cheers.
great idea......certainly Jacko's A-H strategy can be used as part of other methods..........

Tdion, you think it's wise to use Jacko's method on the less volatile carry trade pairs ? maybe 100 pip SL but since pip profits can be greater than eur/usd, the number of units can be less.........what's your sagely advice ?
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