FREE FOREX STRATEGIES

Forex trading strategy #49 (Parabolic + HMA)


Submitted by Egudu Emmanuel

Hi everyone,i would like to share a very simple strategy:

Indicators: HMA set to 40
Parabolic Sar (default)

Time Frame: 15mins
Currency pairs: eur/usd and eur/jpy

Rules:
for buy entries, the Hma must change to green and the Sars should be under the candle.
TP should be 50pips to 100pips while stoploss should be when you have a reverse signal.

For a sell order, the HMA should change to red and the Sars should be on top of the candle.

Both indicators need not change at the same time,just ensure you enter a trade when both are saying the same thing.

A chart have been attached, the redlines shows entry points.

l hope you make good pips with this strategy.

l would like to have a professional expert advisor code a system for me.

Egudu Emmanuel

Edward Revy,
http://forex-strategies-revealed.com/

Copyright © Forex Strategies Revealed

HI All,
Why wouldn't this stratgy work on smaller time frames? If it is set on the 5 minutes chart with a TP of 2, or 3 pips and out?!

QUETSO E' IL MIGLIOR SET-UP CHE HO TESTATO. IN SOLI 7 GIORNI DI TRADING DAL VIVO HO OTTENUTO I SEGUENTI RISULTATI:
EQUITY + 34%
MAX DRAW DOWN 8%.
IO LO USO SUI 25 CROSS PIU' PERFORMANTI CON UN RISCHIO MAX DEL 4% SU OGNI COMMERCIO.
BRAVO EGUDU E BUON TRADING A TUTTI.

Hi Egudu,
Have you got some one to make the EA? Can you send it for me to this email address.
Best regards,
Mizan Sharif
email: [email protected]

i need someone who could make an Ea for me,please if you could,here's my email: [email protected] or [email protected]

thanks,

Egudu

I see so many systems posted on this site but the one crucial thing that is missing is either forward testing results or an equity curve/strategy report. There is a sense of visual illusion sometimes when looking at charts on screens and seeing lots of great trades in that timeframe. However, that timeframe is never representative of the longer term ...say 5-10years if using daily bars as an illustration

you need to download and add it.

I couldn't find HMA indicator in my Meta4 Trader.I trade with ACM Gold. Please where can I find one.
[email protected]

higher time frames are useless because you would have missed the beginng of the trend but it is also helpful in case of a strong trend and you are getting in on a retracement/ rebound and we all kow that the market trend only 30% of the time. I suggest that you practice good money management in order to survive the tight consolidations that kill most of the novice traders.

The gesture of posting strategies is nice, but a brief backtest shows simple systems like this to be very unreliable. Some sort of (larger-TF, maybe?) filtering is needed, as well as a better exit.

Hi Thomas
HMA.mq5 need SmoothAlgorithms.mqh include file
#include
please post the SmoothAlgorithms.mqh
Regards

Some more requested downloads:

xpMA.mq4
HMA.mq5
ColorHMA.mq5

Thomas

i used the hull moving average for quite a long time but it was of no use.Majority of the HMA's available to us are repainting.Incase if we dont find any non-repainting HMA,using xpma could be a better alternative.Lets see how this system works for others !!

Hello
Looks like a great system. do you have HMA for MT5?
Regards

Indicators you need:

HMA.mq4
or
HMA_Color.mq4


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