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Simple 5 / 8 moving average crossover

  • #1,001
  • Jan 6, 2013 8:25am Jan 6, 2013 8:25am
Your welcome, I hope they are helpful.
  • #1,002
  • Jan 6, 2013 8:40am Jan 6, 2013 8:40am
I also appreciate the links ......the article about seykota is great. I'm finding the magazine really resourceful.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #1,003
  • Jan 6, 2013 3:01pm Jan 6, 2013 3:01pm
Quoting stelpm
I just happened to come across this thread, which is quite old but which interests me. Perhaps the fact that this thread seems to have died is indicative of the lack of consistent success in the following years since 2007.

The sample chart featured shows a 5/8 crossover right after a top was made, as if the trader had a "sure-fire" way to determine when and where that top occurs. I can become an instant millionaire, in theory, if I go back over historical charts and pick all the crossovers that happen after a top or bottom have formed. But,...
A bit of additional trading knowledge helps. You don't need to rely solely on the crossover itself, as you can use it in conjunction with chart patterns for example. For instance, if you see a head and shoulders top you can just go short using the traditional criteria, and then use the 5/8 to help you decide when to exit. Not every trade sets up the same, and experience and discretion certainly do help to keep you from jumping on each and every cross. Knowing when to expect consolidation periods will help keep you from doing just that. You can even zoom in and use the 5/8 on lower time frames. Say you're using the weekly chart to position trade and it starts to consolidate within a range. Then you can drill down to the daily and capture smaller moves, and if/when the daily tightens up you can go to the 4 hour. And if that tightens up then just sit out and wait until a trend develops. I've noticed that pullbacks into the 5/8 can be great entries during a trend. Use a MTF moving average so you can see the weekly or daily MA's on the daily or 4 hour charts, respectively, and use whatever other types of indicators you like to use to help you enter. Heiken Ashi bars, stochastics, MACD, etc.
Get money, don't let money get you. @kauaiforex
  • #1,004
  • Jan 13, 2013 7:31am Jan 13, 2013 7:31am
l just love,its magic on bigger time frames
Watch me trade Live on YouTube
  • #1,005
  • Jan 14, 2013 3:00pm Jan 14, 2013 3:00pm
love the simplicity of MA's has anyone managed to use crossing MA's for scalping e/u ???

thanks guys
  • #1,006
  • Feb 18, 2013 11:03pm Feb 18, 2013 11:03pm
Simple and Amazing....5/8 EMA can give a valid signal from the top/bottom to the bottom/top...try this and it is good for our health...
  • #1,007
  • Feb 24, 2013 12:48am Feb 24, 2013 12:48am
Quoting zoearrso
Simple and Amazing....5/8 EMA can give a valid signal from the top/bottom to the bottom/top...try this and it is good for our health...

Hahaha winning is always good for the health!


  • #1,008
  • Feb 24, 2013 5:18am Feb 24, 2013 5:18am
I use this strategy from long time ...the best strategy in the world .....i am using an automatic strategy on trade station .....here last update on open positions......because is a long list i divided in 2 parts......
Attached Image(s) (click to enlarge)
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  • #1,009
  • Feb 24, 2013 9:17pm Feb 24, 2013 9:17pm
Quoting gioviforex
I use this strategy from long time ...the best strategy in the world .....i am using an automatic strategy on trade station .....here last update on open positions......because is a long list i divided in 2 parts......
Is this specific automated strategy described somewhere on the Trade Station's web site or anywhere else? i.e., how did you know that they use this strategy exactly? What is the max. drawdown you expereinced?
  • #1,010
  • Feb 25, 2013 3:01pm Feb 25, 2013 3:01pm
Peter mentions in the first post that for T/P he trails "usually by 50 pips on nzd/jpy, 100 on GBP/JPY and 50 on GBP".

I follow an MA crossover method on D1 but find that even trailing by 1.5 ATR gets me stopped out more often than not.
I have an initial S/L of 1 ATR and move to BE at 1.5 ATR but am thinking of upping it to 2ATR.
  • #1,011
  • Feb 28, 2013 5:34am Feb 28, 2013 5:34am
Are the most consistent pairs still the same as what is on the first page.

NZD/JPY, GBP/JPY and GBP/USD or are there any others worth trying.
  • #1,012
  • Edited Mar 1, 2013 7:48am Feb 28, 2013 8:43am | Edited Mar 1, 2013 7:48am
Someone has EA for this system?
  • #1,013
  • Mar 1, 2013 6:51am Mar 1, 2013 6:51am
Been "away" for quite some time.

This is one of the few threads in my SUBSCRIBED THREAD list.


Now I have to read it again from first page all over again =)

Keep it up, guys... very interesting.
  • #1,014
  • Mar 3, 2013 8:59am Mar 3, 2013 8:59am
HIi Guys.

I am great fan of MA Crossover strategies and using it on Daily TF with SL set to ATR 2.5 60mins.Still testing and will post here.
  • #1,015
  • Mar 3, 2013 1:48pm Mar 3, 2013 1:48pm
Quoting Waheed
HIi Guys.

I am great fan of MA Crossover strategies and using it on Daily TF with SL set to ATR 2.5 60mins.Still testing and will post here.


Waheed what do you mean by Stop Loss set to ATR 2.5
  • #1,016
  • Mar 13, 2013 6:38pm Mar 13, 2013 6:38pm
Put the ATR indicator on a 60 minute chart. Whatever the value is, take that # times 2.5 and use that as your stop-loss.
Quoting don555
Waheed what do you mean by Stop Loss set to ATR 2.5
  • #1,017
  • Edited 2:10pm Apr 8, 2013 1:31pm | Edited 2:10pm
6.5 hrs ago 7am (cdt/us) I put a Buy Stop on the eur/gbp, 4H TF. BS hit @ .8524; SL=8465;TP= .8589. Progress has been slow, hey, it's Monday, but up 4 pips right now. I only look at the 1H TF if I can't find a 4H setup at 7am. There isn't much interest in this thread but I have found if I wait for the candle close to confirm a cross and that cross is at 2 or 4 o'clock, or better, and the RSI is above 55 or below 45 and at a good angle, it is going to be a good trade.

more info: I wanted price to clear prev. minor resis. @ .8521 by 2-3 pips, which it did.
  • #1,018
  • Apr 9, 2013 5:52am Apr 9, 2013 5:52am
I partially closed @ .8558 & then moved my SL to .8531 (BE+7) which was hit later which added a tad over1% to my acct. I'm a happy camper this morning.
  • #1,019
  • Apr 9, 2013 6:35am Apr 9, 2013 6:35am
Quoting piprac
I partially closed @ .8558 & then moved my SL to .8531 (BE+7) which was hit later which added a tad over1% to my acct. I'm a happy camper this morning.
Nice
  • #1,020
  • Apr 9, 2013 11:31am Apr 9, 2013 11:31am
I'm also a big beliver that the simpler a system is, usually the more profitable it is too. I think the main problem every trader has though is, how do you avoid a ranging market? I feel i may have found a simple solution to this by using additional indicators.

1) First i make sure price is above the 5 and 8 MA on both H4 and D1 charts
2) I then make sure Stoch, CCI, RSI and MACD are all up on H4, then i make my entry on an H4 chart.

I think the benefit of using 5 and 8 ma's are that they don't lag as much as higher ones.
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