Simple EMA mechanical system! (Simple EMA mechanical system!)
First of all, I would like to say: "Welcome to traders! They believe that a purely mechanical system can consistently generate profits!" - The rest think that EA is just nonsense. Please don't come here to stop us. Thanks.
Hello fellow coding gurus,
I'm backtesting a purely mechanical system and it's making a profit. If you are not so busy, help me turn it into EA
The results are here: 89 trades from 14/6 to now = 569.7 points = 5697 points <br> I'll post a detailed backtest here if you want it
So here is the strategy, this strategy is based on the SonicR thread but I modified it a lot. Hopefully it will be profitable in the long run.
Indicator: 34 EMA applied on highs
34 EMA should be used to close positions
34 EMA applied to lows
12 EMA applied to close positions fractal This is the illustration:
Currency Pair: GBP/USD Time Frame: M15
entry:
Bulls: 12EMA crosses above the 34EMA low, 12EMA crosses above the 34EMA close, and 12EMA crosses above the 34EMA high. Buy on the close of the candle where the 12 EMA crosses the high of the 34 EMA.
illustration:
Note: Do not open a transaction in this case
For a short position, simply reverse the long position.
SL: Select the closest fractal that must be outside the tunnel (34-34-34)
TP: Risk to reward ratio = 1:1
Money Management: 1 lot per $10.000
This is a typical trade, earning 420 points = 42 points
If you don't understand something in the first post please ask me because English is not my native language
Hello fellow coding gurus,
I'm backtesting a purely mechanical system and it's making a profit. If you are not so busy, help me turn it into EA
The results are here: 89 trades from 14/6 to now = 569.7 points = 5697 points <br> I'll post a detailed backtest here if you want it
So here is the strategy, this strategy is based on the SonicR thread but I modified it a lot. Hopefully it will be profitable in the long run.
Indicator: 34 EMA applied on highs
34 EMA should be used to close positions
34 EMA applied to lows
12 EMA applied to close positions fractal This is the illustration:
Currency Pair: GBP/USD Time Frame: M15
entry:
Bulls: 12EMA crosses above the 34EMA low, 12EMA crosses above the 34EMA close, and 12EMA crosses above the 34EMA high. Buy on the close of the candle where the 12 EMA crosses the high of the 34 EMA.
illustration:
Note: Do not open a transaction in this case
For a short position, simply reverse the long position.
SL: Select the closest fractal that must be outside the tunnel (34-34-34)
TP: Risk to reward ratio = 1:1
Money Management: 1 lot per $10.000
This is a typical trade, earning 420 points = 42 points
If you don't understand something in the first post please ask me because English is not my native language
























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