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3 different targets system on GJ

  • #21
  • Mar 26, 2015 2:54pm Mar 26, 2015 2:54pm
Quoting AcerPhoon
Does this work good? As I understand it the blue MA should cross the Red one. Yet when I applied it to my chart, by the time the blue line crossed, most of the move was already over...

Yet, I know no more than you about this system my friend.

Honestly, the key is to catch the major direction, not a one big move, however, if you take a look, almost 65% of a time, you will catch that "big move" you are talkin about.
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  • #22
  • Mar 26, 2015 5:39pm Mar 26, 2015 5:39pm
Quoting Nik13
{quote} Yet, I know no more than you about this system my friend. Honestly, the key is to catch the major direction, not a one big move, however, if you take a look, almost 65% of a time, you will catch that "big move" you are talkin about.
hi, thanks for your idea, I will forward test it. Do you ever tried other combination of MAs or even EMAs? It seems to me that 50 and 66 are very close to each other.
  • #23
  • Mar 26, 2015 6:06pm Mar 26, 2015 6:06pm
The EA just opened three BUY positions on EUR/USD pair. But I didn't see that 50MA had crossed 60MA. Why is that?
  • #24
  • Mar 26, 2015 11:33pm Mar 26, 2015 11:33pm
Quoting mozhixing
{quote} hi, thanks for your idea, I will forward test it. Do you ever tried other combination of MAs or even EMAs? It seems to me that 50 and 66 are very close to each other.

Hi, thanks for replay.

I think that they show trend reversal better for our system.

Yes, I tried
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  • #25
  • Mar 26, 2015 11:34pm Mar 26, 2015 11:34pm
Quoting mozhixing
The EA just opened three BUY positions on EUR/USD pair. But I didn't see that 50MA had crossed 60MA. Why is that?

Maybe it crossed 66ma up?
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  • #26
  • Mar 26, 2015 11:54pm Mar 26, 2015 11:54pm
Quoting Nik13
{quote} Maybe it crossed 66ma up?
No, I mean 66MA. The EA keeps opening long positive every hour. There might be some bugs in the EA.
  • #27
  • Mar 26, 2015 11:59pm Mar 26, 2015 11:59pm
Quoting mozhixing
{quote} No, I mean 66MA. The EA keeps opening long positive every hour. There might be some bugs in the EA.

may be you observe it on different timeframe?

do not know really, I have not did forwardtest for it yet /
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  • #28
  • Mar 27, 2015 12:12am Mar 27, 2015 12:12am
Quoting Nik13
{quote} may be you observe it on different timeframe? do not know really, I have not did forwardtest for it yet /
No, I am using H1. The EA keeps opening long positions every hour without checking the MAs crossover.
  • #29
  • Mar 27, 2015 12:14am Mar 27, 2015 12:14am
Quoting uafx
As I understood: You open every hour 3 new positions, if 50MA is above 66MA then 3 longs, if 50MA is below 66MA then 3 shorts. Positions are open until SL or TP hit, no other trade management necessary. Am I right?


UAFX, may be you can help friend?
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  • #30
  • Mar 27, 2015 2:41am Mar 27, 2015 2:41am
Backtest of AUDCHF.

Once again, I do not relay on backtest results, but however seeing positive result is more inspiring then negative.

I think I'm gonna try it on other pairs, not GJ
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 28 KB
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  • #31
  • Mar 27, 2015 6:45am Mar 27, 2015 6:45am
Quoting Nik13
{quote} UAFX, may be you can help friend?
Actually I asked in the second post, and you stated, that crossing the two SMA-s are not necessary, we just open 3 positions in every hour, the direction is depending on the two SMA-s position, if 50 above 66 then long, if 50 below 66, short.

So, every day we will have 24x3=72 positions.

Anyway, from yesterday evening with these rules, now more than 1000 pips down on GJ. Many shorts in Tokyo session, no volatility, more-or-less at the same price level, then a bullish intraday reversal in London session, lot of SLs hit...:-)
  • #32
  • Mar 27, 2015 6:49am Mar 27, 2015 6:49am
Another thing:
Weekend positions: should I leave them open for the weekend, or close everything before today's close?
  • #33
  • Mar 27, 2015 7:19am Mar 27, 2015 7:19am
Did I said that we do not need MA crosses?

If I did, than sorry for that.

Definitely, I only choose a pairs, which trend almost always, and that's why i think it's going to work, BUT on another pair I guess.
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  • #34
  • Mar 27, 2015 7:31am Mar 27, 2015 7:31am
Quoting Nik13
Did I said that we do not need MA crosses? If I did, than sorry for that. Definitely, I only choose a pairs, which trend almost always, and that's why i think it's going to work, BUT on another pair I guess.
So, do we need MA crosses or not? :-)
  • #35
  • Mar 27, 2015 7:45am Mar 27, 2015 7:45am
Quoting uafx
{quote} So, do we need MA crosses or not? :-)

We do.

When 50 is above 66 only long positions are opened every hour.

When 50 is below 66 only short positions are opened every hour.
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  • #36
  • Mar 27, 2015 8:00am Mar 27, 2015 8:00am
Quoting Nik13
{quote} We do. When 50 is above 66 only long positions are opened every hour. When 50 is below 66 only short positions are opened every hour.
OK, that's what the EA does...:-)

So, what about weekend positions? As it seems now, a lot of them will be opened until day's end today...
  • #37
  • Mar 27, 2015 8:13am Mar 27, 2015 8:13am
Quoting uafx
{quote} OK, that's what the EA does...:-) So, what about weekend positions? As it seems now, a lot of them will be opened until day's end today...
I'd like to keep positions opened on weekends
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  • #38
  • Mar 27, 2015 8:14am Mar 27, 2015 8:14am
Quoting Nik13
{quote} We do. When 50 is above 66 only long positions are opened every hour. When 50 is below 66 only short positions are opened every hour.
Thanks for the system, Nik13, I just want to ask what is the winning percentage of this trading system, 60%, 70%, 80%or what?
  • #39
  • Mar 27, 2015 9:38am Mar 27, 2015 9:38am
Hi. Thanks for the EA. Please add MM. Thank you.
  • #40
  • Mar 27, 2015 9:41am Mar 27, 2015 9:41am
Quoting B-Naire2B
Hi. Thanks for the EA. Please add MM. Thank you.
Planned. ETA unknown...:-)
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