Hello fellow traders. I am a big fan of the moving average cross overs. As we all know that moving average cross over strategy has been a very very old strategy. I am setting up a EA to do trades for me this week on EURUSD USDJPY AUDUSD NZDUSD USDCAD and USDCHF.
This will be based on 21/100 EMA Crosses on 15 minute time frame, starting when market will open.
In my observation Moving Average cross overs when giving a loss on one pair may be giving a profit on another pair.
I will let the EA execute the trades and close the trades BUT once in a while I may close the trade myself manually.
I did a lot of calculations during this weekend and this should work. Only way to test it is to try it out in demo and that is what I am doing.
I will attach the trade explorer to this thread. You may subscribe to this thread if you wish and lets see where the market will lead us.
This will be based on 21/100 EMA Crosses on 15 minute time frame, starting when market will open.
In my observation Moving Average cross overs when giving a loss on one pair may be giving a profit on another pair.
I will let the EA execute the trades and close the trades BUT once in a while I may close the trade myself manually.
I did a lot of calculations during this weekend and this should work. Only way to test it is to try it out in demo and that is what I am doing.
I will attach the trade explorer to this thread. You may subscribe to this thread if you wish and lets see where the market will lead us.
Love Cars & Money !