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Aussie Beast Trend Hunter

  • Post #1
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  • First Post: Edited Jul 22, 2009 11:22am Jul 15, 2009 6:16pm | Edited Jul 22, 2009 11:22am
  •  jahual89
  • | Membership Revoked | Joined Jun 2009 | 38 Posts
I stumbled across this EMA crossover pattern which can capture some staggering trends on the following Aussie pairs:

AUD/USD
GBP/AUD
AUD/JPY

Also works with:

EUR/USD
GBP/USD
USD/CHF

System Rules

On a 30 minute chart place a 14 EMA and 28 EMA both applied to close. When the 14 EMA crosses above the 28 EMA then buy, when the 14 EMA crosses below the 28 EMA then sell.

Stop loss: 20 pips

Take Profit: When price goes past both ema's

You'll probably get stopped out 2 out of 3 times but the one time you don't you'll catch something big.

Can someone backtest this system properly say for the last 2 years or even longer, the longer the better.
  • Post #2
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  • Jul 16, 2009 7:53am Jul 16, 2009 7:53am
  •  traderjai_inhi
  • | Joined Jul 2006 | Status: I'm just saying... | 1,153 Posts
Quoting jahual89
Disliked

Can someone backtest this system properly say for the last 2 years or even longer, the longer the better.
Ignored
Here is an idea... How about you backtest it since it is your system (or is it?).There are plenty of MA EA's out there to help so stop being lazy, it'll get you nowhere!

ps, really enjoyed how you just copied and pasted someone elses work as your own onto another forum...
  • Post #3
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  • Last Post: Jul 22, 2009 11:24am Jul 22, 2009 11:24am
  •  jahual89
  • | Membership Revoked | Joined Jun 2009 | 38 Posts
can someone please back test this system because I dn't know how.
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