New Simple MA Cross System

I started this method two weeks back and results are good in the pair
us$/JPY and Euro/US$ . My ratio is 85%

You try out in the demo for sometime before you go live

two weeks??? not to sunshine on your parade but there has been alot of market volatility this month to make moving average systems look good...not to be a grinch at christmas here but be very careful with these kind of systems

i don't mean to be a jerk to the creator..and giving out a system free of your making is very honorable..but i would like to inject a filter..a simple one...trade with something simple on the crossover...a 100 sma...that you never trade against...that would help in more ranging markets...my two cents...

Many pips to all!!

Thanks for your advise and we all guys has to work hard for any system
I will add the sma 100 also and see the results

Does anyone have the EMA Cross Alert that will send an email (as I am away from my computer during the day)?

Here you go! hope that this is what you wanted?

You have to enable the e mail alert in MT4 also and the mt4 should be running.

I did for my system but there will be lot of e mails for the day then i removed it

Thx Peacelover, I'll give them a try! :-)

You can set these alerts up to email you and or SMS your cell phone......
Alertfx.com

Can you describe how to se SMS Alert which will be helpful

It calls your cell phone........

but what set up is required can you provide some more details. will it work
at any country

How have the results been with this system?

Has anyone tried other pairs?

I'll look into trying next week...

I have made 12 trades so far since this thread has started and 10 have been profitable..

Good to hear that

what I have observed in the last two days is that the candle where we are planning to start the trade the EMA 1 should really move up or down
and we need to wait for some more time to see it is really happening

Right now i am working on TF 1hour chart what will be the best EMA cross over for JPY/$ and Euro/US

Hi Harigp,

Actually I am really confused which EMA to use & which EMA-cross to use. Is it EMA1 & EMA2 ? Because the explanations were all saying about EMA5 crossing EMA8 ?

Which one to be use in this system actually?

*I also like to use EMA cross now...

HI

You have to use EMA 1 Close and EMA 2 close and attach to the 4 Hour chart

In the four hour chart when there is cross over of EMA 1 and EMA 2
and once the candle is closed you will get an Arrow up or down

The next candle opens in the 4 hour chart and you are ready to enter
for the trade

Before you enter for trade check how the currency is moving which
you can cross check by attaching the williams percentage to the chart

The candle whee you have to enter for trade check how the EMA 1 is behaving
is it standing upright properly for long and facing down wards properly for
short. This is to check how strong the movement is going to be.


Take the trade based on that

You can also enter for trade in the 1 hour chart but I have seen lot of
false signals

If you keep the four hour chart there is not much price difference
compared to 1 Hour chart

If you are fulltime working then 4 hour is best you open your
favourite pair check the trend and come back and check just before
the closing of 4 hour candle and spend 15 minutes to take the trade
in the next candle

Any more doubts send private message

Friends

I have done further study on the candle pattern and found out whether
a reversal is possible

We have to check the following in the 4 hour Chart

What was the long term Trend Before say 8 to 10 hours
Are we seeing candle stick pattern like Hanging man,Harmoni Cross
Hammer or Engulfing

How williams percentage is moving

If Yes I have attached an Excel Sheet where you can feed
the opening price,closing price,Price high,Price low and it
will show you the bar chart in the sheet

What I have seen in the two candle stick one for bullish movement
as well as bearish movement, the opening price,price high and closing
price is more or less in the same level, You can expect a reversal
and get ready for the trade

Additional Confirmation EMA 1 and 2 Cross over signals
Williams Percentage is showing move up or down and not flat

EMA cross systems are excellent in trending markets, and horrible in ranging markets. These systems have been round for years, and nobody really makes anything with them long term.

Hi

I agree with you ie why I started to study the candle stick patterns
and connect with the EMA cross over

During the last two days I was cross checking the candle stick patterns
which is avilable in many internet sites and cross checked with the charts
and I found it interesting to note the market movement

If you study well the candle stick patterns I think you can enter the market
during breakouts

As a senior member like you we need your advise