Hi There,
Love it here at FF. I've been looking at forex for 3 years or so now. Mostly daily TF trading but have just been exploring a system that could work for multiple time frames and want to be able to test it. Unfortunately I've not got the know how to program an ea for it so I can do some thorough back testing.
In short, it's osma AND macd < or > zero with a 233 and 55 SMA to filter (price must be above/below both) with a fixed stop and TP caculated at close with 'x' of a 'y' ATR (I've been manual back testing with 1:1 R:R ratio). Money management would be fixed percentage.
Why I'd like an EA of this:
1) to test more pairs and time frames. I can go through manually, but it would be a lot better with an EA.
2) to play with some more R/R ratios and multiples of ATR for the stop and profit targets. See if it's feasible and how it affects the win/loss etc.
3) To hopefully take it live with a small amount and see what happens.
some things I'd like to consider as add on:
1) only trade opening hours.
2) depending on back tests as I can muster, I'd be open to having an 'x' step increase of percentage risk. something like trade 1 loss then increase percentage risk. But only for 3 or 4 steps. This all depends on maximum number of losses over > 10 years of back tests.
from manual back tests it's about 70% profitable. Why I'm wanting an EA for it is to verify with lots more data and pairs.
If anybody is interested in something like this, please reply on the thread and I'll provide more details (or if Admins prefer, I'll put it in the system folder.) and we can get started.
Love it here at FF. I've been looking at forex for 3 years or so now. Mostly daily TF trading but have just been exploring a system that could work for multiple time frames and want to be able to test it. Unfortunately I've not got the know how to program an ea for it so I can do some thorough back testing.
In short, it's osma AND macd < or > zero with a 233 and 55 SMA to filter (price must be above/below both) with a fixed stop and TP caculated at close with 'x' of a 'y' ATR (I've been manual back testing with 1:1 R:R ratio). Money management would be fixed percentage.
Why I'd like an EA of this:
1) to test more pairs and time frames. I can go through manually, but it would be a lot better with an EA.
2) to play with some more R/R ratios and multiples of ATR for the stop and profit targets. See if it's feasible and how it affects the win/loss etc.
3) To hopefully take it live with a small amount and see what happens.
some things I'd like to consider as add on:
1) only trade opening hours.
2) depending on back tests as I can muster, I'd be open to having an 'x' step increase of percentage risk. something like trade 1 loss then increase percentage risk. But only for 3 or 4 steps. This all depends on maximum number of losses over > 10 years of back tests.
from manual back tests it's about 70% profitable. Why I'm wanting an EA for it is to verify with lots more data and pairs.
If anybody is interested in something like this, please reply on the thread and I'll provide more details (or if Admins prefer, I'll put it in the system folder.) and we can get started.
