Simple 5 / 8 moving average crossover | Page 58 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Yet another moving average crossover system 1,136 replies

Simple Moving Average Vs. Moving Average? 8 replies

Setting Up Moving Average Crossover Alert? 60 replies

Need alert: moving average crossover 14 replies

Moving average crossover alert!! 3 replies

Attachments: Simple 5 / 8 moving average crossover
Exit Attachments

Simple 5 / 8 moving average crossover

  • #1,141
  • Jan 25, 2016 10:08am Jan 25, 2016 10:08am
Quoting jupiter13
I've attached an MA crossover alert indicator, which somebody created for me. Might be of use to some of you. {file}
Hi Jupiter13!

Please, do you have this indicator .MQ4?

Thanks a lot!
  • #1,142
  • Jan 25, 2016 12:39pm Jan 25, 2016 12:39pm
Quoting wagnersati
{quote} Hi Jupiter13! Please, do you have this indicator .MQ4? Thanks a lot!
Sure.
Attached File(s)
File Type: mq4 MA crossover alert indicator.mq4   7 KB | 2,185 downloads
  • #1,143
  • Jan 25, 2016 3:21pm Jan 25, 2016 3:21pm
Quoting jupiter13
{quote} Sure. {file}
Very great indicator - the best of MA cross.

Thanks a lot and gook luck!
  • #1,144
  • Jan 26, 2016 2:36am Jan 26, 2016 2:36am
You're welcome. Glad that you like it.
  • #1,145
  • Jan 28, 2016 2:17am Jan 28, 2016 2:17am
Dear All,

I found this EA attached that works well but i need someone recode it when price cross and close above or below the the Third Ema (Ema 200). Not need to wait that the two Ema 5 and Ema 8 are above or below the Third Ema to enter.
Sorry for my English. I'm a french guy.

Thank you very much for your help.
Attached File(s)
File Type: mq4 universalMA_Cross_EA + ecn 1.08 nmc.mq4   41 KB | 1,174 downloads
  • #1,146
  • Feb 2, 2016 7:32pm Feb 2, 2016 7:32pm
Hi Everyone,

I have a few questions.

What time frames do you use?

What filters do you use?

Do you wait for candle to close before entering?
  • #1,147
  • Feb 2, 2016 10:20pm Feb 2, 2016 10:20pm
​In answer to your question. I consider all time frames from M5 to W1 to determine trend direction. Once determined, I stick with the M5 frame to trade pullbacks. I don't know what you mean by filters. When my three indicators line up in agreement I take the trade. Does that help?
I have not found much value in considering the opening versus the close of a candle in the M5 time interval, as might be found in the D1 or higher. Nor do I like to stick around for more than a few hours, if the market gives me the choice. Too many loose lips of "experts" and "elite" can utter sheer nonsense that sends the prices in a senseless tizzy. Look at what will happen this Friday, and for how long the nonsense will last, before prices come back to approximately the same place as before. The moment that I see $100 or more in profit I grab it and look for another opportunity.
  • #1,148
  • Mar 2, 2016 7:10pm Mar 2, 2016 7:10pm
Quoting stelpm
​In answer to your question. I consider all time frames from M5 to W1 to determine trend direction. Once determined, I stick with the M5 frame to trade pullbacks. I don't know what you mean by filters. When my three indicators line up in agreement I take the trade. Does that help? I have not found much value in considering the opening versus the close of a candle in the M5 time interval, as might be found in the D1 or higher. Nor do I like to stick around for more than a few hours, if the market gives me the choice. Too many loose lips of...
Hi there stelpm,

I'm still new in this trading stuffs.
I would like to ask you a few things here.

These SMA 5/8/50 you are talking about, do i have to put 'open' or 'close', high and low?
I would really like to try this strategy.

And what other indicators that would help this strategy?
Like MACD (which I don't know anything about it), or RSI?

Please help me on this one.
Thank you very much for your time.
  • #1,149
  • Mar 10, 2016 12:40pm Mar 10, 2016 12:40pm
Quoting ToA
{quote} Hi there stelpm, I'm still new in this trading stuffs. I would like to ask you a few things here. These SMA 5/8/50 you are talking about, do i have to put 'open' or 'close', high and low? I would really like to try this strategy. And what other indicators that would help this strategy? Like MACD (which I don't know anything about it), or RSI? Please help me on this one. Thank you very much for your time.
I think most people use the open or close. Macd is really just a measure of moving averages in relation to each other.
  • #1,150
  • Mar 13, 2016 7:19pm Mar 13, 2016 7:19pm
Quoting theprofessor
{quote} I think most people use the open or close. Macd is really just a measure of moving averages in relation to each other.
Hi there theprofessor, which one should I put the 'open' or 'closed' on 5, 8, and 50?
And by the way, is SMA the same as EMA or MA?

Anyone? Help me please.

Thank you very much.
  • #1,151
  • Jun 25, 2016 9:53am Jun 25, 2016 9:53am
Hey anyone still using the 5/8 ema cross methods? I have backtested it visually and am keen on using it. Hope this thread gets revived and we can discuss more trading ideas regarding the 5/8 cross haha
  • #1,152
  • Jul 12, 2016 7:36am Jul 12, 2016 7:36am
HI guys, Yugenn here, age 14. Im quite new to trading(just started trading 3 months ago).Today ive come to a new indicator "Non-lag MA". I find it easy to use n profitable, just put Buy/Sell when the colour of the single MA changes. In 15min chart, u can enter market many times(i find it suitable for all timeframes n for more profit, trade GBP/JPY).It work well on trendy markets.Hope this helps.
  • #1,153
  • Aug 18, 2016 1:22pm Aug 18, 2016 1:22pm
Quoting Yugenn
HI guys, Yugenn here, age 14. Im quite new to trading(just started trading 3 months ago).Today ive come to a new indicator "Non-lag MA". I find it easy to use n profitable, just put Buy/Sell when the colour of the single MA changes. In 15min chart, u can enter market many times(i find it suitable for all timeframes n for more profit, trade GBP/JPY).It work well on trendy markets.Hope this helps.
Can you pls upload the indicator you are talking about?
 
  • #1,154
  • Oct 31, 2016 11:51pm Oct 31, 2016 11:51pm
Hi , like to ask anyone using this method ??
  • #1,155
  • Nov 3, 2016 11:16am Nov 3, 2016 11:16am
Quoting stevepatt
Looking at the two charts which one would you rather be trading? Without waiting for a pull back in the trend you don't know which type of market you are going to be trading. {image} {image}





kindly steve do u have an ea on thi 13 &20 ema pls am in need
  • #1,156
  • Nov 4, 2016 3:52pm Nov 4, 2016 3:52pm
I just back-tested the simple SMA5/8 crossover on daily for EURUSD Jan to Oct 2016 with stop loss and take profit settings based on ATR(14) 4 hour and with trailing stops. Lot sizes were based on risk management settings. It's part of my final testing for an EA, fxRulesEngine, that allows traders to configure plans like this without any software programming. The software processes trading rules and instructions in a text file. Okay I used the following to buy (and reverse to sell) on daily settings:

  1. SMA(5) crossed up over SMA(8) over the last two closed periods (therefore not current period)
  2. Price closed in last period above SMA(5)

I also set on a "take the profit and run" setting that stops processing when profit objectives are met (to avoid future profit losses). The attachment finished mid March after achieving preset profit objectives. When run full term, the profit moved around a bit but ended in Oct with $224 (8.4% draw down).

Attached Image (click to enlarge)
Click to Enlarge Name: MT4 Results.png Size: 59 KB
  • #1,157
  • Nov 4, 2016 11:46pm Nov 4, 2016 11:46pm
You can filter the trades with RSI:
http://forums.babypips.com/free-fore...s-per-day.html
Vucking good EA coder... https://t.ly/AZjRM
  • #1,158
  • Nov 6, 2016 3:37pm Nov 6, 2016 3:37pm
Hi, I tested the amazing cross-over strategy a little time back with fxRulesEngine. The rules differ from those in this threat by using EMAs instead of SMAs, and 60 minute time frame with an RSI cross-over system overlaid. I tried both SMA and EMA in the rules (very easy change in the EA configuration for users) and then used the median for the calculations instead of closing prices (as recommended by the author). Over Jan to Oct 2016 both ways produced losses by the end of the period. However they were profitable at different times showing how different strategies suit different market conditions.
 
Of course, 5/10 MA cross-over system on a 60 minute chart is well into intraday trading that would only suit traders spending significant time periods in front of the computer. Therefore not so suited to the part-time trader with a full-time job, for example.
 
I've attached my results for SMAs and EMAs in case of interest.
 
However, I used the SMA variation on a 4 hour time frame and got a profitable return (see attached). Hope that helps Alex
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 5 8 sma + RSI10.png Size: 61 KB
Click to Enlarge Name: 5 8 ema + RSI10.png Size: 58 KB
Click to Enlarge Name: 5 8 sma + RSI10 4hour.png Size: 59 KB
  • #1,159
  • Nov 6, 2016 3:39pm Nov 6, 2016 3:39pm
Just to clarify the images in top to bottom order on my previous post are: SMA 60 minutes, EMA 60 minutes, and SMA 4 hour. Thanks Alex
  • #1,160
  • Nov 6, 2016 8:04pm Nov 6, 2016 8:04pm
Quoting alexmccullie
Just to clarify the images in top to bottom order on my previous post are: SMA 60 minutes, EMA 60 minutes, and SMA 4 hour. Thanks Alex
Alex, well done.

I have been using this strategy for awhile now and it works well depending on how you tweak it. I'd be interested in discussing how you got your test results.
Trade at your own risk.
1 trader viewing now