8EMA/21EMA plus MACD and RSI - The worst system you have ever seen (8EMA/21EMA plus MACD and RSI - The worst)
Hi guys.
Why "The Worst System You've Ever Seen"? I'm tired of looking for profitable
The strategy here is:
We expect H4 to be ok for some daily
We need three types of indicators
MACD Relative Strength Index
Buying rules
8EMA>21EMA
MACD (5,13,1)>0 (wait for MACD's second candle close)
Relative Strength Index 21 >50
selling rules
8EMA<21EMA
MACD (5,13,1)<0 (wait for the second candle close of MACD)
Relative Strength Index 21 <50
http://img6.imageshack.us/img6/7735/mysystem.gif
Very easy and profitable. Even I found EA for this system and changed some parameters.
But I need some help!
1. One cross, one trade! I cannot manage this EA in one way to open multiple trades. What I mean is opening the first transaction when the conditions I wrote above are met. But then the order is closed (does not mean TP or SL), closing the EA opens a second order in this way. Continue until the opposite signal appears.
2. The risk management of EA is not what I want . I want the EA to calculate the RM of the account's risk percentage for each order. For example, if I set 2%, it must mean that 2% is deducted from my deposit for each order. A lot will be manual.
You can ask questions like this. "Why wouldn't you want the EA to open another trade this way?" Because this strategy is first order. For the second order, I want to find the fractal breakout ea..
I think this might be a good strategy. You can test it without SL TP as well as with only cross trade.
Anyway enjoy this
Why "The Worst System You've Ever Seen"? I'm tired of looking for profitable
The strategy here is:
We expect H4 to be ok for some daily
We need three types of indicators
MACD Relative Strength Index
Buying rules
8EMA>21EMA
MACD (5,13,1)>0 (wait for MACD's second candle close)
Relative Strength Index 21 >50
selling rules
8EMA<21EMA
MACD (5,13,1)<0 (wait for the second candle close of MACD)
Relative Strength Index 21 <50
http://img6.imageshack.us/img6/7735/mysystem.gif
Very easy and profitable. Even I found EA for this system and changed some parameters.
But I need some help!
1. One cross, one trade! I cannot manage this EA in one way to open multiple trades. What I mean is opening the first transaction when the conditions I wrote above are met. But then the order is closed (does not mean TP or SL), closing the EA opens a second order in this way. Continue until the opposite signal appears.
2. The risk management of EA is not what I want . I want the EA to calculate the RM of the account's risk percentage for each order. For example, if I set 2%, it must mean that 2% is deducted from my deposit for each order. A lot will be manual.
You can ask questions like this. "Why wouldn't you want the EA to open another trade this way?" Because this strategy is first order. For the second order, I want to find the fractal breakout ea..
I think this might be a good strategy. You can test it without SL TP as well as with only cross trade.
Anyway enjoy this























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