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Attachments: A Proven Simple Strategy (2MAs, 1 RSI)
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A Proven Simple Strategy (2MAs, 1 RSI)

  • #21
  • Jan 17, 2016 10:06am Jan 17, 2016 10:06am
Quoting Sis.yphus
{quote} Yeah a big thing to keep in find though, is when trading a strictly technical system, you need to take every trade generated as they come to get the true results of the system. Cherry picking the trades as you go will lead to quite a bit of variance in your performance, which can be good or bad. Sidenote: Haha thanks. The funny thing is though this thread will likely not get popular at all because it actually works but does not work good enough for most traders. Which then leads to the typical system hoping trader as they always are searching...

Indeed This is because most traders don't have the large capital to see the magic in this. So the hunt goes on...
Solutions ONLY!!!
  • #22
  • Jan 17, 2016 10:56am Jan 17, 2016 10:56am
Alright guys... This is for the fun, but I am doing some tests on the system in smaller time frames. Here are the results using super high compounding leverage on a 15 minute chart.

Again I do not recommend trading extremely high leverage.

EURUSD Jan 2010 to Dec 2015
Attached Image (click to enlarge)
Click to Enlarge Name: EU-5min-2010-2015-Graph.png Size: 39 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EU-5min-2010-2015-Report.png Size: 30 KB


  • #23
  • Jan 17, 2016 11:16am Jan 17, 2016 11:16am
Quoting Sis.yphus
Alright guys... This is for the fun, but I am doing some tests on the system in smaller time frames. Here are the results using super high compounding leverage on a 15 minute chart. Again I do not recommend trading extremely high leverage. EURUSD Jan 2010 to Dec 2015 {image} {image}
how big leverage?
  • #24
  • Jan 17, 2016 11:33am Jan 17, 2016 11:33am
Quoting Sis.yphus
Alright guys... This is for the fun, but I am doing some tests on the system in smaller time frames. Here are the results using super high compounding leverage on a 15 minute chart. Again I do not recommend trading extremely high leverage. EURUSD Jan 2010 to Dec 2015 {image} {image}
What were your TP's and SL's?
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #25
  • Jan 17, 2016 11:34am Jan 17, 2016 11:34am
Quoting Shemski
{quote} What were your TP's and SL's?
There is never a TP or SL on any order. The trade closes when price touches 5 ma.
  • #26
  • Jan 17, 2016 11:44am Jan 17, 2016 11:44am
Hard to believe that only 3572 trades were placed during 5 years...

I'd expect at least 10 trades aday,or did you limit the EA to certain trading hours??



*EDIT; my bad, i forgot about the RSI indy...
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #27
  • Jan 17, 2016 12:14pm Jan 17, 2016 12:14pm
My broker won't let me access data older than December 2015 (right now). Could someone run the EA on the EURCHF dated back to 2010? I'd love to see how it performed during the SNB's field-day...
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #28
  • Jan 17, 2016 12:48pm Jan 17, 2016 12:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: MARSI.jpg Size: 167 KB
Solutions ONLY!!!
  • #29
  • Jan 17, 2016 12:52pm Jan 17, 2016 12:52pm
Quoting BillYon
{image}

Am I reading those settings correctly?

SMA 20
EMA 5
RSI 2 - 70/30

??
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #30
  • Jan 17, 2016 12:56pm Jan 17, 2016 12:56pm
Hi Sis...
You're wrong, the trade mark is valid

Price close< ema5, and > ema200

Good luck
  • #31
  • Jan 17, 2016 12:57pm Jan 17, 2016 12:57pm
Quoting Shemski
{quote} Am I reading those settings correctly? SMA 20 EMA 5 RSI 2 - 70/30 ??

yes
Solutions ONLY!!!
  • #32
  • Jan 17, 2016 12:58pm Jan 17, 2016 12:58pm
Quoting Sis.yphus
Alright guys... This is for the fun, but I am doing some tests on the system in smaller time frames. Here are the results using super high compounding leverage on a 15 minute chart. Again I do not recommend trading extremely high leverage. EURUSD Jan 2010 to Dec 2015 {image} {image}
nice result with relative DD 65% and why 2010-2015 why not 2006-2010
  • #33
  • Edited 2:54pm Jan 17, 2016 2:44pm | Edited 2:54pm
15 min tight spread non compounding

5 year
Attached Image (click to enlarge)
Click to Enlarge Name: 15MARSI.jpg Size: 172 KB
Solutions ONLY!!!
  • #34
  • Jan 17, 2016 2:48pm Jan 17, 2016 2:48pm
Quoting BillYon
tight spread {image}

Very nice results, the following pairs are setting up for entries:

AUDUSD
EURAUD
USDCAD
GBPUSD
EURGBP
EURUSD

Just a quick heads up for those looking to jump in.
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #35
  • Jan 17, 2016 3:03pm Jan 17, 2016 3:03pm
Quoting BillYon
15 min tight spread non compounding 5 year {image}
  • #36
  • Jan 17, 2016 4:40pm Jan 17, 2016 4:40pm
So, to trade this system, do we need at least $10,000, or could we use micro lots if we have less?
  • #37
  • Jan 17, 2016 10:50pm Jan 17, 2016 10:50pm
Quoting JannaFX
So, to trade this system, do we need at least $10,000, or could we use micro lots if we have less?
Don't need 10000
Solutions ONLY!!!
  • #38
  • Jan 17, 2016 10:52pm Jan 17, 2016 10:52pm
Quoting abokwaik
{quote} Hi Sis.yphus, Thank you for sharing this system. This is my understanding of the system as introduced: Type : Trend following system, where trend is defined by MA(200) Entry : Entry on retraces captured by MA(5) and RSI(2). Exit : On touch of MA(5). The concept is good. Entry is fine, although one condition -either MA(5) or RSI(2)- could be enough. However for the Exit, I think we can manage better exits. And this is what I will try to prove in the coming days. I am not sure if you generated these tests manually or using an EA, Anyway, I...

Thanks for the EA.

Can you add Money Management?
Solutions ONLY!!!
  • #39
  • Jan 18, 2016 5:39am Jan 18, 2016 5:39am
Quoting Sis.yphus
FOR ALL THE LEVERAGE JUNKIES I have noticed a lot of people complaining about the returns demonstrated using extremely low leverage and risk... Well since most people on FF are looking to get rich quick or go busto trying, here are the results using super high leverage(I DO NOT RECOMMEND YOU TRADE LIKE THIS) and compounding the lot size based on the account size. USDJPY - 6 Years(2010-2015) - Spread = 2 Pips - Super Leveraged Trading with compounding lot size. {image}

Is you entry based on close above/below 5MA or on the cross?
Solutions ONLY!!!
  • #40
  • Jan 18, 2016 8:52am Jan 18, 2016 8:52am
Quoting BillYon
{quote} Is you entry based on close above/below 5MA or on the cross?
It is based on the close being below/above 5MA. It does not matter if it crossed the MA or not.
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