-If price close above 9EMA and
-If second candles low at least 5 pip away form 9EMA and
-If second candles close > precious candle's high
So OPEN BUY
SL place under previous candle's low + 1 pip + spread
TP = 2 x SL
Sell condition
-If price close below 9EMA and
-If second candle's high at least 5 pip away form 9EMA and
-If second candle's close < previous candle's low
So OPEN SELL
SL place under previous candle's high + 1 pip + spread
TP = 2 x SL
Ignored
If second candle low (for buy) is not 5 pips away from 9 ema, but let say 4 or 3 ... do you wait for such candle (with min. 5 pips away from 9 ema) to appear, and then enter the trade, or trade has expiry?
If second candle low (for buy) is not 5 pips away from 9 ema, but let say 4 or 3 ... do you wait for such candle (with min. 5 pips away from 9 ema) to appear, and then enter the trade, or trade has expiry?
Ignored
If after cross 3,4 candles I didn's see trade, so NO TRADE
Pips between MA and price can be 4 or 5
Pips beetween MA and Price
SL and TP rules. I think TL no need. Because some times if we use TL, we can exit from market very early.
Angle beetwen MA and price its very important. If MA is more horizontal NO TRADE, even MA 5 or more pips away from price
Based on very big candles to enter is very dangerous
And This can be work on another pair. But need find more reliable parametrs EMA
Think like an investor, Act as a speculator. Ferid H.
Guys, This is my last try to show you how WE can earn money in this buisness. I am more than 1 year in this market. I tried many strategies and the end I decided that THE BEST STRATEGY MUST BE VERY SIMPLE. SO SIMPLE THAT I CAN REMEMBER ALL RULES.... http://img580.imageshack.us/img580/8227/orders.gif
Think like an investor, Act as a speculator. Ferid H.
|
Joined Feb 2010
|
Status: J16 Student
|902 Posts
why would anyone spend time to write EA if they are not convinced about the profitability of the system. i am not saying this system is not profitable. but you need to prove/convince the other members that it can be a good profitable system. that proof of burden is on you.
pl take some charts, demo them for a period, log the trades, show to the world.
if you want a EA first to check if the system is good or not, then i dont think anyone will come forward.
why would anyone spend time to write EA if they are not convinced about the profitability of the system. i am not saying this system is not profitable. but you need to prove/convince the other members that it can be a good profitable system. that proof of burden is on you.
pl take some charts, demo them for a period, log the trades, show to the world.
if you want a EA first to check if the system is good or not, then i dont think anyone will come forward.
Ignored
I cheked for 2 weeks in history. It takes a lot to write, test and analyze. Thats why I want EA. Fast test, Fast analyze. If I ll do all the work, so why I need EA?!
Think like an investor, Act as a speculator. Ferid H.
