Forex trading strategy #9 (Teodosi's Moving Averages tunnel)
Submitted by User on September 20, 2007 - 08:21.
This Forex system was submitted by Teodosi.
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"Hello guys i want to help all of you and i want to share you some good system.
Like many traders say good system is simple one an that`s why i`ll tell you one very simple.
This is......
- 1H (of 30MIN, but you will get more whipsaws) candlesticks/bar charts
- 18 EMA & 28 EMA (put them in red)
- 5 WMA (in blue) & 12 WMA (in yellow)
- RSI = 21
Read entire post >>>
Hello guys!
I liked this strategy really very much it looks me profitable for short time until i have tested it with FSB(forex strategy builder).
I've configured FSB just like Teodosi told at the beginning of this thread.
I've attached 2 strategy overview files to my post:
Account balance(in pips)
Statisctic
Statistic and overview of this strategy
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Symbol: EURUSD
Time frame: 1 Hour
Tested period: 2009.01.02 - 2010.02.19
Overall result:
Account balance: -62 pips
Minimum account: -736 pips
Maximum account: 189 pips
*more stats in 2nd file
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Maybe i am mistaken in something but as we see results is not so good :(
Anyway thanks for sharing this strategy. Maybe on another TF or symbol pairs this one will work better.
Thanks Edward and Teodosi.
Sorry forgot to write my nick :)
greetings from Lithuania
SID
Hi SID,
Absolutely great work! Thanks a lot for this valuable contribution!
I'll be curious to check it out too.
(I couldn't find the second file, but anyway, it's an interesting stuff to evaluate)
Best regards,
Edward
so now,does it still work or not???
Pls what is WMA, Can anybody help me?
oh I am sorry, reading through the post I have seen answer to my question, thanks
does anybody try to create advisor for this strategy?
Hello Edward,
Thank You for this great site, it has greatly improved my trading. Would you be kind enough to tell me what type of system you are currently using. I have been using Teodosi's system and it has been working very well. Also a geat big Thank You to Teodosi your kindness for sharing this system is admired.
Sincerely,
Danny friedrichcrane(at)gmail.com
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