Yet another moving average crossover system | Page 33 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple 5 / 8 moving average crossover 1,169 replies

Simple Moving Average Vs. Moving Average? 8 replies

Setting Up Moving Average Crossover Alert? 60 replies

Yet Another Moving Average Crossover System - The EA 158 replies

Moving average crossover alert!! 3 replies

Attachments: Yet another moving average crossover system
Exit Attachments

Yet another moving average crossover system

  • #641
  • Nov 1, 2011 11:55am Nov 1, 2011 11:55am
I like this. The pro of this method is it is specific. When it crosses, I long or short. When it crosses again, sell or cover respectively.

I'm using H1 to indicate a long or short. When it crosses, I look at the M15 chart.

If the H1 has crossed upwards, and the M15 has already crossed for a long, then I go long immediately.
If the H1 has crossed upwards, and the M15 just crossed downwards, then I wait till it crosses upwards, then I long.

Vice-versa for shorting. Sounds a bit like computer programming, huh.

So far, it works for me. Just need patience and not anticipate.

Thanks Lawgirl.
  • #642
  • Nov 1, 2011 12:05pm Nov 1, 2011 12:05pm
Quoting ice9dry
I like this. The pro of this method is it is specific. When it crosses, I long or short. When it crosses again, sell or cover respectively.

I'm using H1 to indicate a long or short. When it crosses, I look at the M15 chart.

If the H1 has crossed upwards, and the M15 has already crossed for a long, then I go long immediately.
If the H1 has crossed upwards, and the M15 just crossed downwards, then I wait till it crosses upwards, then I long.

Vice-versa for shorting. Sounds a bit like computer programming, huh.

So...
Have you ever seen it not crossed already on the lower TF if it crosses on the higher?
  • #643
  • Nov 1, 2011 12:12pm Nov 1, 2011 12:12pm
Something for you to have a play with here.

I put it on the higher tf chart and set the MAtf2 to the lower tf.

The way it is set to trade is to check for cross on current (higher) tf and then check the other (lower) tf for a cross or if the MAs are in pointing in the right direction to trade. It uses the AllAverages indicator for trend direction, so set to 200EMA, or there is the option to use SteveHopwoods Hanover filter based on relative strength (turned off by default).

I hope it works as intended.

Mike
  • #644
  • Nov 1, 2011 12:24pm Nov 1, 2011 12:24pm
Quoting ice9dry
I like this. The pro of this method is it is specific. When it crosses, I long or short. When it crosses again, sell or cover respectively.

I'm using H1 to indicate a long or short. When it crosses, I look at the M15 chart.

If the H1 has crossed upwards, and the M15 has already crossed for a long, then I go long immediately.
If the H1 has crossed upwards, and the M15 just crossed downwards, then I wait till it crosses upwards, then I long.

Vice-versa for shorting. Sounds a bit like computer programming, huh.

So far, it works for me. Just...
You got it...not rocket science and works more often than not.
  • #645
  • Nov 1, 2011 12:51pm Nov 1, 2011 12:51pm
Quoting magft
Something for you to have a play with here.

I put it on the higher tf chart and set the MAtf2 to the lower tf.

The way it is set to trade is to check for cross on current (higher) tf and then check the other (lower) tf for a cross or if the MAs are in pointing in the right direction to trade. It uses the AllAverages indicator for trend direction, so set to 200EMA, or there is the option to use SteveHopwoods Hanover filter based on relative strength (turned off by...
Thanks Mike, I just set it up and will give it a try, but I have lost alot of money using EAs, so I am a little sceptica of them
  • #646
  • Nov 1, 2011 12:52pm Nov 1, 2011 12:52pm
Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 4x chart.gif Size: 16 KB
  • #647
  • Nov 1, 2011 1:16pm Nov 1, 2011 1:16pm
Quoting lawgirl21
Chart
Interesting...keep us posted on your results.
  • #648
  • Nov 1, 2011 1:57pm Nov 1, 2011 1:57pm
Lawgirl,

Thank you very much for sharing this simple & profitable system.

In my opinion, this system + pivot points is all you need on the chart.

I am using the 1 hour and 15 minute time frames.

This system reminds me of an older MA cross system, bo7a.

Regards,

Pipguy
  • #649
  • Nov 1, 2011 3:56pm Nov 1, 2011 3:56pm
Quoting pipguy
Lawgirl,

Thank you very much for sharing this simple & profitable system.

In my opinion, this system + pivot points is all you need on the chart.

I am using the 1 hour and 15 minute time frames.

This system reminds me of an older MA cross system, bo7a.

Regards,

Pipguy
I totally agree, Pipguy, but I don't think we even need pivot points because the MAs crossings act as pivot points for us.

Glad you are enjoying the system.
  • #650
  • Nov 1, 2011 5:20pm Nov 1, 2011 5:20pm
Quoting iamnoel
Nice charts you got there Bruce.

Is the trending indi "reliable"? With due indulgence to LG, maybe you can share your template? And bit background on how to trade it in combi with LG's nice system?

My goal is to get a good 20-30 pips only =)

Is the trending indi "reliable"? they are called indicators right. I think of them more as " probable direction / trend indicators" I use them with 60 to 70% weighting. I would not place a trade with them alone.
Yes the charts are nice and clear thanks to this way L.G. has put forward, just gos to show you don't need a chart that looks like a plate of spaghetti.
I don't want to jump on toes posting templates and indys on here. see your PM's
  • #651
  • Nov 1, 2011 5:53pm Nov 1, 2011 5:53pm
I've been having some pretty good results using the H1/M15 and M30/M5 EMA cross overs.

I've spoken to LG and she's happy for me to post the following attachments.

I use SteveHopwood's excellent MPTM EA to manage my trades once I have taken them. I've attached the EA and Steve's user guide. Please read it carefully and use on demo until you are comfortable with it. It has many useful features such as being able to partially close your trade at X pips and then let the remaining lots ride out the rest of the move with a trailing stop in place.

The EA will hopefully save you having to watch all your trades constantly.
Attached File(s)
File Type: mq4 Multi purpose trade manager.mq4   106 KB | 421 downloads
File Type: pdf Multi purpose trade manager instructions.pdf   91 KB | 805 downloads
  • #652
  • Nov 1, 2011 7:26pm Nov 1, 2011 7:26pm
Quoting forexpippy
I use SteveHopwood's excellent MPTM EA to manage my trades once I have taken them. I've attached the EA and Steve's user guide. Please read it carefully and use on demo until you are comfortable with it. It has many useful features such as being able to partially close your trade at X pips and then let the remaining lots ride out the rest of the move with a trailing stop in place.
You can follow Steve's thread and get updates here:

http://www.forexfactory.com/showthread.php?t=89371
TTFN Merlyn
  • #653
  • Nov 1, 2011 7:40pm Nov 1, 2011 7:40pm
Maybe some thing to look into comments welcome
Attached Image (click to enlarge)
Click to Enlarge Name: aud chf 15m 1 h 2 11.gif Size: 57 KB
  • #654
  • Nov 1, 2011 7:40pm Nov 1, 2011 7:40pm
Chart
Attached Image
  • #655
  • Nov 1, 2011 7:47pm Nov 1, 2011 7:47pm
this may be ok in a few hours
Attached Image (click to enlarge)
Click to Enlarge Name: aud jpy 15m 1 h some thing for later on.gif Size: 56 KB
  • #656
  • Nov 1, 2011 7:55pm Nov 1, 2011 7:55pm
looks as though this may be setting up for later on as well
Attached Image (click to enlarge)
Click to Enlarge Name: eur aud 15m 1 h getting ready for later on.gif Size: 57 KB
  • #657
  • Nov 1, 2011 8:10pm Nov 1, 2011 8:10pm
Quoting lawgirl21
Chart
Out...-35 pips.
Attached Image
  • #658
  • Nov 1, 2011 8:28pm Nov 1, 2011 8:28pm
on here for a long any one want to join in?

two min and in profit straight away lets hope it stays that way
Attached Image (click to enlarge)
Click to Enlarge Name: gold.gif Size: 59 KB
  • #659
  • Nov 1, 2011 9:35pm Nov 1, 2011 9:35pm
Quoting lawgirl21
MetaPRICK is the first trader I have put on my ignore list.
LG, It turns out that you know this Meta character from before. He's been stalking your threads under at least 2 names here at FF.

I was also struck by the irony of the fact that he says your system here is too basic or too unreliable, but in one of his own threads he's claiming to turn 1000 into 13 million within a year. Here's the post where I set him straight, Enjoy:

http://www.forexfactory.com/showthre...70#post5086270
To improve is to change. To perfect, is to change often.
  • #660
  • Nov 2, 2011 2:44am Nov 2, 2011 2:44am
Nice crosses on AU, EU and EA.
After getting used to this style of trading I don't think that I ever want to see a candle chart again

Thanks, Rebecca -you are a genius.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 16 KB
0 traders viewing now