Moving Average Crosses on Multiple Pairs at the same time | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Same Magic Number, Same Pair - Multiple entries 1 reply

Simple Moving Average Vs. Moving Average? 8 replies

EA to market order multiple pairs at same time 2 replies

Running multiple EAs on Multiple Pairs for the same account 2 replies

Indicator for when price crosses a Moving Average 1 reply

Attachments: Moving Average Crosses on Multiple Pairs at the same time
Exit Attachments

Moving Average Crosses on Multiple Pairs at the same time

  • #1
  • First Post: Mar 12, 2017 7:58am Mar 12, 2017 7:58am
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.
Attached Image (click to enlarge)
Click to Enlarge Name: pairs.png Size: 68 KB
Drawdown is more important than Account Size !
  • #2
  • Mar 12, 2017 10:07am Mar 12, 2017 10:07am
Quoting procrude
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...
Good luck with what I assume is a basket trading method; looking forward to seeing its results.
  • #3
  • Mar 12, 2017 10:24am Mar 12, 2017 10:24am
I am interested.
So, how do you plan to close the profitable trades? TP or trailing stop or opposite signal?
  • #4
  • Mar 12, 2017 10:28am Mar 12, 2017 10:28am
Quoting Ocsag
I am interested. So, how do you plan to close the profitable trades? TP or trailing stop or opposite signal?
Most of the time opposite signal. Sometimes with a reversal candlesticks on one step above time frame. Idea is to let the ea close the trade out. One bad trade should be off set with a good trade of a other pair. Let's see stay tuned.
Drawdown is more important than Account Size !
  • #5
  • Mar 12, 2017 10:29am Mar 12, 2017 10:29am
Quoting TGS
{quote} Good luck with what I assume is a basket trading method; looking forward to seeing its results.
Thanks.
Drawdown is more important than Account Size !
  • #6
  • Mar 12, 2017 10:32am Mar 12, 2017 10:32am
Quoting TGS
{quote} Good luck with what I assume is a basket trading method; looking forward to seeing its results.
Thanks. I have tried to make trading simple but never let this strategy work with more than one pair at the same time In the past.

The idea of trading multiple pairs at the same time with this strategy is new for me so I myself is very anxious to see the results.
Drawdown is more important than Account Size !
  • #7
  • Mar 12, 2017 10:38am Mar 12, 2017 10:38am
Quoting procrude
{quote} Thanks. I have tried to make trading simple but never let this strategy work with more than one pair at the same time In the past. The idea of trading multiple pairs at the same time with this strategy is new for me so I myself is very anxious to see the results.
You could try a second test alongside it with every pair (as a safety in numbers idea) to see if that makes things worse or better? It's good that you're sharing your results with trade explorer, whether your account blows up or not (hopefully not), so that others can tell what seems to work and what doesn't so things aren't re-tried too many times.
  • #8
  • Mar 12, 2017 11:10am Mar 12, 2017 11:10am
Quoting procrude
In my observation Moving Average cross overs when giving a loss on one pair may be giving a profit on another pair.
That could be quite so...

About the MA cross idea of yours. When a certain major currency, for example the USD, gets in a two weeks range?!? This usually puts THE WHOLE MARKET into a range, too.

Trust me, you will become one of the best God's devotees, at that moment of time... but that won't help much. Somehow all Prey Books, suddenly stop working...
Maadik Hugiis. IQ 69.
  • #9
  • Mar 12, 2017 11:18am Mar 12, 2017 11:18am
Quoting MoneyZilla
{quote} That could be quite so... About the MA cross idea of yours. When a certain major currency, for example the USD, gets in a two weeks range?!? This usually puts THE WHOLE MARKET into a range, too. Trust me, you will become one of the best God's devotees, at that moment of time... but that won't help much. Somehow all Prey Books, suddenly stop working...

Thanks. Yes let's see how it works. Remember the cross is a 21/100 which is carefully calculated for the 15 min time frame ..... Only way to find out is with time
Drawdown is more important than Account Size !
  • #10
  • Mar 12, 2017 11:27am Mar 12, 2017 11:27am
Quoting procrude
{quote} Thanks. Yes let's see how it works. Remember the cross is a 21/100 which is carefully calculated for the 15 min time frame ..... Only way to find out is with time
I have been lucky to find this out quickly. It took me less than 4 weeks of time.

Here is something that can prolong your experiment's lifespan. Probably you are going to use some lot size multiplier?

When the result of the next MA cross is positive pips, do not increment lot. Also, calculate how much in negative pips (a losing MA cross) you can afford without an increment?

If you can make those two right, it will be quite of thinking involved, you might even make it all work...
Maadik Hugiis. IQ 69.
  • #11
  • Mar 12, 2017 11:39am Mar 12, 2017 11:39am
Quoting MoneyZilla
{quote} I have been lucky to find this out quickly. It took me less than 4 weeks of time. Here is something that can prolong your experiment's lifespan. Probably you are going to use some lot size multiplier? When the result of the next MA cross is positive pips, do not increment lot. Also, calculate how much in negative pips (a losing MA cross) you can afford without an increment? If you can make those two right, it will be quite of thinking involved, you might even make it all work...

Thanks for the great info.
Drawdown is more important than Account Size !
  • #12
  • Mar 12, 2017 12:02pm Mar 12, 2017 12:02pm
Pro crude,

Are u also going to look at multi timeframes ? For a 15 min chart, perhaps identify the trend on the 1hr and also he 4hr TF. And only trade in the direction of the trend,...

I am not sure how well opposite signals work in MA x overs....... A set figure may be better......... the opposite signal will probably give too much of the open profits away.

As mentioned further up, range markets are a killer for this type of trading, hence the need for confirmation

ANYWAY, good luck.......

Alex
  • #13
  • Mar 12, 2017 3:45pm Mar 12, 2017 3:45pm
Quoting almotor007
Pro crude, Are u also going to look at multi timeframes ? For a 15 min chart, perhaps identify the trend on the 1hr and also he 4hr TF. And only trade in the direction of the trend,... I am not sure how well opposite signals work in MA x overs....... A set figure may be better......... the opposite signal will probably give too much of the open profits away. As mentioned further up, range markets are a killer for this type of trading, hence the need for confirmation ANYWAY, good luck....... Alex
To almotor007's point about the basket you're trading, before market open, my preliminary guess is USDCHF might be one to go into some whipsaw.
  • #14
  • Mar 13, 2017 6:34pm Mar 13, 2017 6:34pm
ok the ea already picked up 3 trades so far...lets see how the rest of the week goes
Attached Image (click to enlarge)
Click to Enlarge Name: 3trades.png Size: 73 KB
Drawdown is more important than Account Size !
  • #15
  • Mar 13, 2017 9:19pm Mar 13, 2017 9:19pm
Quoting procrude
ok the ea already picked up 3 trades so far...lets see how the rest of the week goes {image}

hi procrude..all the best


are we going to trade the six pairs max...which you mentioned on charts..

thanks and regards

nandu
  • #16
  • Mar 14, 2017 3:04am Mar 14, 2017 3:04am
2nd day...finally ea has opened all trades. so we have all 6 pairs in a trade. i may close all positions once the profit goes to a certain percentage and let it start again
Attached Image (click to enlarge)
Click to Enlarge Name: day2.png Size: 66 KB
Drawdown is more important than Account Size !
  • #17
  • Mar 14, 2017 3:19am Mar 14, 2017 3:19am
ok i just closed all trades in the account and will let it start again... 16% account gain so far is not bad....stay tuned. idea is to make money not getting married to the trades. they may turn around anytime. so the strategy is....let the ea pick the trades and you focus on the total profit. if your target money wise or percentage wise is reached, close all trades. atleast that is what i am trying to do.
Attached Image (click to enlarge)
Click to Enlarge Name: day 2 all trades closed.png Size: 59 KB
Drawdown is more important than Account Size !
  • #18
  • Mar 14, 2017 3:35am Mar 14, 2017 3:35am
just long ma and short ma cross each other to decide to buy or sell?
can u share more about ur ea
thank u .
  • #19
  • Mar 14, 2017 3:44am Mar 14, 2017 3:44am
Quoting liunliun
just long ma and short ma cross each other to decide to buy or sell? can u share more about ur ea thank u .
here is my older post which has the ea in it. but remember in that post we were trying the same ea but a different strategy.

link:

https://www.forexfactory.com/showthread.php?t=643134
Drawdown is more important than Account Size !
  • #20
  • Mar 14, 2017 7:14am Mar 14, 2017 7:14am
Quoting procrude
{quote} here is my older post which has the ea in it. but remember in that post we were trying the same ea but a different strategy. link: https://www.forexfactory.com/showthread.php?t=643134
but i dont think a simple MA ea can return a good result.... how do u deal with no trend market? except no trading in that time.
0 traders viewing now