The art of Trading MAs

Charlie,

The settings I use work on all time frames from 5min to daily. Do not read anything into the slope. I do not do any scaling in or out of positions, for me it just complicates the system too much, but with that said there is no reason you can't or shouldn't.

If you are gonna trade the COG alone ONLY trade the orange lines and nothing else for your signals, so if price closes above the orange line you would want to place a sell order and below the bottom orange for a buy, I would recommend using something like the stochastic oscillator or a MACD to help confirm where to place the sell order in this case as sometimes price will continue well above the orange line for a while before moving back down. What you are essentially doing is trading price action at this point, this is just giving you some visual aids. You can actually do pretty well with this approach on the 5min charts, you can catch a few hundred pips on eurjpy or usdjpy using this approach, I do not trade this way on any other pair as there is either to much volatility like with gbpjpy or not enough with aud/usd or usdcad. Please remember these are ways that I trade and that I am not advocating you trade this way but these are approaches that work well for me.

The rules are very clear
Is it possible to write ea for the system?
I am not a programmer
Izak

Hey bro,

There's no way we could accurately based on the COG if it repaints itself!
It may be between the green channels when the EMA crosses over but over time it will automatically repaint until it looks that price to be at the bottom or the top at the orange lines.

How do you judge on this?

Endroute,

thanks for your method. Looks good.

Cheers

I have been scalping on 1 min Eur/JPY and it works quite well. I wait for price to close above or below gold line then I place my order. I did have to add a stoch (5,3,3) to make sure I would get in at the right time.

yes, you can add to ea fairly easy -- I could write into farhad hill or bruno or something if someone is interested--let me know... there is a lot of "stuff" that needs to be added with Cog to be an effective ea---as far as I am concerned ... the Cog is a very pretty repainter but has its place.
..... "there is no bottom" ... "there is no top" -533 will leave you poor on this one.
20 3 4 stochastic helps a little for orientation. You still have to consider momemtum and other things.

Hi cjd,

Do you use ema cross as well?

Zu

zu si fu mainly i wait for crossover

4xWeezal,

Thanks for the Stoch. inputs. EA for this method would
be very much appreciated.

Cheers

All the COG does is help filter out the crappy ema crosses. Yes it repaints, but who cares you use the price crossing the COG thresholds to begin looking for your ema cross.

Il put something together in next few days.
writing something different today...
Also what is the max number of bars that should be looked back before the ema cross?

my opinion

buy position- open when MA cross t/p upper green line. s/l lowest brown line

sell position-popen when MA cross t/p lowest green line.s/l upper brown line



TF 1hour


your advise pls sir

4xWeezal,

it would be nice to have the number of bars back optional ;
let's say up to maximum 6 bars. That way we will be able to test
for what is the best input.

Thanks for your effort

Cheers

looks like a good system, but i think it will work better with price action and following the trend .... i was just checking it and at aussie thats is raging now will work nice but for EU/CAD that is uptrending now it will work better if you only take the lower cross overs so you can catch the breaks plus you are trading with the trend .... check it it looks good !!
i am not very big fun of indys but this one acualy looks good !!
GREAT JOB MAN

GBP IS DOWN TRADING AND IS ABOUT TO MAKE CROSS OVER !!! like i said follow the trend and this system will work great

check out 1hr and 4hr chart that a winner!!!

AIN'T THAT A BEAUTY!!!
that will be my last chart i taking to muh space in this thread lol

I would look back a max of 10 bars but set it to be configurable, especially for the slower moving pairs

I will use a public ea to adjust as some of the others I have were partially written (money management) by folks that probably don't want credit or may not like it.. If anyone wants a pivot filter, momentum, ema 200 filter or other signal. ... let me know and I will add in. Also, I am self trained coder so I do things a little different than programmers. Anyway, if we can make this profitable...it be a small miracle.