15 Minute MA+SAR trading strategy (15 Minute MA+SAR trading strategy)
Hello everyone,
I would like to share a 15-minute chart trading method. I mainly use it on the Japanese Yen currency pair, but it works well on other currency pairs as well. I will provide its settings, templates and beta EA, but I will not reveal the code for now.
First we have to create the transactionless channel. Create an SMA with a period of 1 and apply it to the highs. Create an SMA with a period of 1 and apply it to the lows. This is a no-deal channel. I'll explain why later.
Secondly, we need to create two EMAs. The first EMA has a period of 55 and applies weighted closing prices. The second EMA has a period of 5 and is again applied to the weighted close.
Now set SAR to default settings.
This is when we enter the long position (I prefer to enter when there is a new EMA line crossover). When the 5 EMA crosses the 55 EMA upwards and the SAR shows points below the price. Furthermore, we will not enter if the 55 EMA is within a no-trade channel.
This is brief. The SAR shows above the price when the 5 EMA crosses downwards from the 55 EMA. Likewise, if the 55 EMA is within a no-trade channel, we will not place a trade.
P.S. This is good stuff.
PS EA can perform backtesting and forward testing.
I would like to share a 15-minute chart trading method. I mainly use it on the Japanese Yen currency pair, but it works well on other currency pairs as well. I will provide its settings, templates and beta EA, but I will not reveal the code for now.
First we have to create the transactionless channel. Create an SMA with a period of 1 and apply it to the highs. Create an SMA with a period of 1 and apply it to the lows. This is a no-deal channel. I'll explain why later.
Secondly, we need to create two EMAs. The first EMA has a period of 55 and applies weighted closing prices. The second EMA has a period of 5 and is again applied to the weighted close.
Now set SAR to default settings.
This is when we enter the long position (I prefer to enter when there is a new EMA line crossover). When the 5 EMA crosses the 55 EMA upwards and the SAR shows points below the price. Furthermore, we will not enter if the 55 EMA is within a no-trade channel.
This is brief. The SAR shows above the price when the 5 EMA crosses downwards from the 55 EMA. Likewise, if the 55 EMA is within a no-trade channel, we will not place a trade.
P.S. This is good stuff.
PS EA can perform backtesting and forward testing.
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