Yet another moving average crossover system | Page 54 | 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

  • #1,061
  • Nov 27, 2012 6:31am Nov 27, 2012 6:31am
Hi again.

I tested 50, 20 in 15 minutes, where a crossover had occurred and I did get the alerts fine. We just need to wait for one to occur under 1 hour I guess to check.

Another reason I can think of is the following.
-Maybe the crossover had occur in that hour, but after a while the moving average is at the same state as it was the previous hour. (ie the 50 MA went above the 20MA for a few minutes but later on went bellow it again).
-If this was the case the alarm would not ring again until the moving average changes state again, as it could be considered a false signal

Regards
  • #1,062
  • Nov 27, 2012 9:08am Nov 27, 2012 9:08am
Hi fylaxtas, the indicator is working fine in H1- it's my stupidity not being patient enough to watch a proper crossover in H1.

Thanks for your time and effort

Regards
  • #1,063
  • Nov 27, 2012 8:21pm Nov 27, 2012 8:21pm
Quoting fylaxtas
Hi again.

I tested 50, 20 in 15 minutes, where a crossover had occurred and I did get the alerts fine. We just need to wait for one to occur under 1 hour I guess to check.

Another reason I can think of is the following.
-Maybe the crossover had occur in that hour, but after a while the moving average is at the same state as it was the previous hour. (ie the 50 MA went above the 20MA for a few minutes but later on went bellow it again).
-If this was the case the alarm would not ring again until the moving average changes state again,...
Hi fylaxtas! My stupidity is not in vain,however. One has to learn from failures. I have now got a deeper understanding of your indicator.Keep up your good work. I for one will sure be an ardent follower.

Regards
  • #1,064
  • Nov 28, 2012 2:32am Nov 28, 2012 2:32am
Hi fylaxtas! There's a minor adjustment needed in the moving average cross-over indicator. The main heading need to be shifted a few places to the left to avoid the displayed short MA figure getting truncated.


Regards
  • #1,065
  • Nov 28, 2012 6:27am Nov 28, 2012 6:27am
@ fylaxtas,

For 5 digit broker, I must input 1000 pips even when I want 100 pips take profit

How about when the crossover occurs 30 pips above the actual price as shown?

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: ma_system.jpg Size: 110 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,066
  • Dec 12, 2012 2:22am Dec 12, 2012 2:22am
Hi Erebus

Yes for 5-digit brokers you just enter the pips value multiplied by 10.
If the crossover occurred 30 pips above the market price what is the problem with this ? I fail to get your question.

Thank you
  • #1,067
  • Dec 12, 2012 3:05am Dec 12, 2012 3:05am
Thank you fylaxtas, this indicator is great. It helps me identify when crossover occurs without having to keep watching the screen.
Thanks a lot. Keep up the great work on your website.

Quoting fylaxtas
Hi guys

I hope you enjoyed my indicator.
I have now added another one in a similar form for Crossovers occurring between 2 Moving Averages of your choice. You can select the 2 types of Moving Averages periods and types and see instantly what is the trend based on them when a crossover occurs and several other information . (The previous one was showing what the moving average was in relationship with the market price)

You can get it here
http://www.theforexcabin.com/trading...age-crossover/

If you like...
  • #1,068
  • Dec 15, 2012 1:37am Dec 15, 2012 1:37am
Quoting fylaxtas
Hi Erebus

Yes for 5-digit brokers you just enter the pips value multiplied by 10.
If the crossover occurred 30 pips above the market price what is the problem with this ? I fail to get your question.

Thank you
the problem is your indicator uses the crossover price and not the actual price at time of crossover, might not be a problem as such, except in logic
It takes a lot for me to IGNORE you, but you can try.
  • #1,069
  • Dec 15, 2012 6:16pm Dec 15, 2012 6:16pm
Moving average systems can hit winners once in awhile, take last week, a signal on the EUR-USD taken late Monday nets over 200 pips by Friday close, who says the EURO is hard to trade?

Attached Image (click to enlarge)
Click to Enlarge Name: 0020.jpg Size: 92 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,070
  • Dec 15, 2012 7:51pm Dec 15, 2012 7:51pm
Quoting Erebus
Moving average systems can hit winners once in awhile, take last week, a signal on the EUR-USD taken late Monday nets over 200 pips by Friday close, who says the EURO is hard to trade?

Not only once a while but consistently.
  • #1,071
  • Dec 17, 2012 5:57am Dec 17, 2012 5:57am
Hi,
I am on initial setup. For 3MA and 8MA; are we going to use Smoothed or Exponentials?

Thanks.

Best Regards.
  • #1,072
  • Dec 25, 2012 7:01am Dec 25, 2012 7:01am
Quoting summerdew786
Hi,
I am on initial setup. For 3MA and 8MA; are we going to use Smoothed or Exponentials?

Thanks.

Best Regards.
Either would do. Have period 200 MA also to decern direction of trend.

Regards
  • #1,073
  • Dec 26, 2012 1:29am Dec 26, 2012 1:29am
Quoting Erebus
the problem is your indicator uses the crossover price and not the actual price at time of crossover, might not be a problem as such, except in logic
Hi Erebus.

Yes you are right. It makes more sense. I have changed it to show the actual price when the crossover occurs.
Thank you and enjoy your holidays.

Fylaxtas
  • #1,074
  • Jun 2, 2014 1:53pm Jun 2, 2014 1:53pm
does anyone still trade this method?
  • #1,075
  • Sep 3, 2015 6:45am Sep 3, 2015 6:45am
are there any fakeouts with this strategy, if so how do we know when to stay away from them?, how do we tell the good from the bad ones? Look at my trade here, is this a good one ? or can it be a fakeout?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 21 KB
  • #1,076
  • Sep 11, 2015 9:05am Sep 11, 2015 9:05am
Quoting saucesspc
are there any fakeouts with this strategy, if so how do we know when to stay away from them?, how do we tell the good from the bad ones? Look at my trade here, is this a good one ? or can it be a fakeout? {image}
You can filter out bad trades by waiting for a breakdown/breakout if you are in a congested area (s/r). Also the angle of the gold line needs to be 12-2 o'clock for longs or 6-4 o'clock for shorts. Hope this helps.
Scared money DON'T make money!
  • #1,077
  • Jun 27, 2016 2:06am Jun 27, 2016 2:06am
Hi, I have been testing this system. Anyone can share their profitable SL TP And MM/risk% factor and what TF and which pairs?

Thanks
  • #1,078
  • Nov 26, 2016 9:45pm Nov 26, 2016 9:45pm
Quoting fylaxtas
Hey guys For all of you that want to use Moving Average Crossover systems I have created this indicator you can use for it. {image} You can select which moving average type( simple/exponential/linear) and period you would like to use, set take profit ,stop loss levels,etc. and you can see instantly what is hapening with that moving average against the market for 10 currencies of your choice and also select if you want to receive alerts when crossovers occure. You can get it for free from my website and also read more about how to use it from here....
Hi Fylaxtas,

Thank you for your generosity in creating and sharing such a wonderful system. I hope it is not too troublesome to ask if you could add on an option to input Moving Average Shift for this Crossover system? Many thanks in advance!

Esther
  • #1,079
  • Apr 23, 2017 3:23pm Apr 23, 2017 3:23pm
Hellooo everyone, have you ever try the JPY basket??
  • #1,080
  • Apr 23, 2017 3:35pm Apr 23, 2017 3:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: rrrr.jpg Size: 192 KB
4 traders viewing now