Simple 5 / 8 moving average crossover | Page 46 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Yet another moving average crossover system 1,136 replies

Simple Moving Average Vs. Moving Average? 8 replies

Setting Up Moving Average Crossover Alert? 60 replies

Need alert: moving average crossover 14 replies

Moving average crossover alert!! 3 replies

Attachments: Simple 5 / 8 moving average crossover
Exit Attachments

Simple 5 / 8 moving average crossover

  • #901
  • Apr 21, 2010 5:29am Apr 21, 2010 5:29am
Quoting EZTrades
Brb-Fraudin ,...
What trend/momentum oscillators do you suggest. I'm using stoch and Williams % indicators now.
  • #902
  • Apr 22, 2010 9:19am Apr 22, 2010 9:19am
IMHO,

RSI, Triple CCI,

MACD
  • #903
  • Apr 22, 2010 12:22pm Apr 22, 2010 12:22pm
Is the candle left of signal candle painted over? Is that why we wait 1/2 hour, to avoid some of those? The EMA signaled a long till next candle.
Attached Image
  • #904
  • Apr 22, 2010 4:32pm Apr 22, 2010 4:32pm
Quoting ozobU
IMHO,

RSI, Triple CCI,

MACD
What settings do you recommend for 4hr TF with MACD and RSI?
Thanks.
  • #905
  • Apr 23, 2010 12:27am Apr 23, 2010 12:27am
Quoting dforant1
What settings do you recommend for 4hr TF with MACD and RSI?
Thanks.
If I may, I would suggest to check RSI(14) on the next 2 higher time frames. For instance, on a cross of 5/8ema long on 4hr chart, be sure that RSI(14) value is over 50 on both daily and weekly charts (candles closed already). Reverse for short.
  • #906
  • Apr 23, 2010 4:43pm Apr 23, 2010 4:43pm
Do many carry over the weekends? Short trading Fridays, none Saturday and short Sunday. I don't see many gaps to worry about otherwise.
  • #907
  • May 7, 2010 11:12am May 7, 2010 11:12am
Quoting banzai
Here're the indicators:

Hi, to all.

Is it possible to have or change one of the previous indicator in a way that, for example:

If Fast MA crosses the Slow MA, the indicator gives "1" as result and "-1" for the opposite signal.

I need this to integrate in a simple EA that I'm making (trying) and, this way I can simplify it.

Thanks in advance,

PG
  • #908
  • Jun 4, 2010 7:02am Jun 4, 2010 7:02am
Hi everybody,
I have a big appeal to You - is there anyone who could, modify this indicator for signal + email alert, when 2lines crossing (on new bar)?
Many thanks.

PS: excuse my bad English pleas.
Attached File(s)
File Type: mq4 Jaimo-JMA.mq4   13 KB | 1,012 downloads
  • #909
  • Jun 15, 2010 10:05pm Jun 15, 2010 10:05pm
Here's a little ea that is optomised for the 4hr chart E/U
be kind, it's my first and it ws created using an online ea builder, but no losses (only in backtest) i think as a starting ground its good work!
I'd like to perhaps integrate further entries in the trend perhaps using RSI, but htis is further down the road. Also, feel free to play and experiment.
please find the set file attached also inside the zip with the ea, and strategy test results.
Attached File(s)
File Type: zip BostonMAX.zip   78 KB | 1,051 downloads
  • #910
  • Jun 16, 2010 3:14am Jun 16, 2010 3:14am
Quoting iamboston
Here's a little ea that is optomised for the 4hr chart E/U
be kind, it's my first and it ws created using an online ea builder, but no losses (only in backtest) i think as a starting ground its good work!
I'd like to perhaps integrate further entries in the trend perhaps using RSI, but htis is further down the road. Also, feel free to play and experiment.
please find the set file attached also inside the zip with the ea, and strategy test results.
i try to backtest but it can't run???
  • #911
  • Jun 17, 2010 4:25pm Jun 17, 2010 4:25pm
Quoting roni
i try to backtest but it can't run???
Hmmm, it seems to work fine for me. perhaps try to change the lot size to .1 or .01 - i've tested it across all pairs, but e/u h4 seems the best. the indicators (MA's) - i should've mentioned were added seperately just so i can see when the ea's working, and manually control further entries & exits.
If changing the lot size doesn't work, can you check the journal/experts tab and see if there's any comment.
It shouldn't trade very often at all, mine took its first real trade two days ago and ideally i'd like to let it run for a few more days as it is a long term trade.

Hope this is of some help, but please let me know if you're still having issues and i'll try sort it asap.
  • #912
  • Jun 17, 2010 4:27pm Jun 17, 2010 4:27pm
Quoting roni
i try to backtest but it can't run???
I should also mention -
The settings i run at the moment are no take profit, no stop loss and a trailing stop of 400. I run it on a 5 digit broker also.
The ma's are 19 & 109 - close
  • #913
  • Jun 17, 2010 7:43pm Jun 17, 2010 7:43pm
Additionally i should mention that in order to DRASTICALLY reduce the drawdown, i have tested with a very tight (30pip) stop loss, and a 250-300 tp, no TS. i can't remember, i'll post it when i get home from work but it maintained a good increase in equity and kept drawdown well below 5-6%
  • #914
  • Jun 17, 2010 8:39pm Jun 17, 2010 8:39pm
i downloaded the ea, placed in exports foldder, restarted MT4. i can see the ea but when i drag it onto the chart, nothing comes up. i expect a popup window so that we can specify the properties etc. i tried to do backtest also, nothing happens
  • #915
  • Jun 21, 2010 9:28pm Jun 21, 2010 9:28pm
Quoting roundrock
i downloaded the ea, placed in exports foldder, restarted MT4. i can see the ea but when i drag it onto the chart, nothing comes up. i expect a popup window so that we can specify the properties etc. i tried to do backtest also, nothing happens
i've been racking my brain, it works on 3 different brokers i use (alpari UK, nord & fxcm) the only thing i can think of is to compile the mq4 file and restart, pending that im afraid it's something wrong on your side
  • #916
  • Jul 24, 2010 4:09pm Jul 24, 2010 4:09pm
My experience is that iamboston is right. This system is best traded on 4 hour bars with a tight original stop loss. I use 30 pips plus the spread. I find it best on the trending pairs like NZD, AUD, and CAD. And it pays to use a defined target plus a move to break even after the price clears the purchase price.
You need avoid consolidation after a strong move even if you get into the trend a little late. It cuts down on whipsaws.
  • #917
  • Aug 26, 2010 10:27pm Aug 26, 2010 10:27pm
Quoting chamane
Thanks a lot! Your indicator seems to be working fine. It signals the ema cross one candle ahead of mine as it should. I enclosed two MACD indicators you can work on for the colors. I personally use the first one that doesn't need the signal line. I am actually looking at shorter timeframes for the strategy. It could be more appropriate for smaller equities.

BTW, what is WPS?

Chamane
Hi Chamanel, I was trying out the MACD_OsMA_4ColorH_2LVar_mtf indicator. I found that when I try to do back testing on earlier dates, the indicators are gone. Is there any way to make it appear in earlier dates?
  • #918
  • Aug 27, 2010 10:14pm Aug 27, 2010 10:14pm
Just found this thread (and site) when I Googled "EMA crossover", and figured I'd join. I mainly post on hot stock market since I do stocks, but their forex section doesn't get a whole lot of attention. Anyway I set up MT4 with the EMA 5 of the close and EMA 8 of the open, and it looks to be a sound strategy. I looked at the EUR/USD daily chart and by using this system it looks like one could take a lot of pips from the banks. I'm definitely going to be testing this out. I'm also getting into using the Heikin Ashi candles for scalping, and I must say I like them a lot. I don't get shaken out of my positions as easily. Anyway I'm digging this site. Glad to be here.
Get money, don't let money get you. @kauaiforex
  • #919
  • Aug 30, 2010 6:47pm Aug 30, 2010 6:47pm
Quoting wuming79
Hi Chamanel, I was trying out the MACD_OsMA_4ColorH_2LVar_mtf indicator. I found that when I try to do back testing on earlier dates, the indicators are gone. Is there any way to make it appear in earlier dates?
Sorry for late reply. I would suggest you to change the settings of MaxBarsToCount to a higher value.

http://i38.tinypic.com/2yv9e86.jpg
  • #920
  • Aug 31, 2010 12:33am Aug 31, 2010 12:33am
oh, thanks!!!! :-)
0 traders viewing now