Complex trading system #2 (“2-Cross”)

Hi Edward,
The 'do enter the market if price has crossed 100 or 200' rule; is that irrespective of crossing of MACD and the 5 and 15? In other words, as soon as the candle has closed above (or below) these two, you immediately enter the trade?

Many thanks

Exactly, irrespective of crossing of MACD and the 5 and 15. As soon as there is a close on the opposite side of either 100 or 200 Moving average, we go in, our risks are small in case price returns back, while profit opportunities are high.

Regards,
Edward

Many thanks for the reply. Great site and great work by you and your team!

Hi Edward,
Thank you very much for this great strategy. God bless you.
My last 12 trades are successful (200%). it works very well.
But I have a question.
I always use the nearest support / resistance as Stop Lost. But sometimes, doing that, my ST is about 150 pips from the opening. It's more secure but little stressful, thinking that for any raison, the price turn back and hit it. Is it the right way? According to your experience, how often, that situation can occur ( sudden turn back and hit Support/resitance)?
Regards.

As I mentioned earlier, the system will be able to take you out of the trade before your protective stop is hit, e.g. "2-cross" condition with a signal to exit will come first.

You may, however, at least once a month, have a case when price will reverse too sharply, especially during times when high impact news hit the air.
But, overall, this scenario won't repeat itself very often.

Regards,
Edward

Does anyone have backtested results?

Thanks,

CS

Hello everybody, great site, great people. Keep up the good work !!!

Somebody can tell me please where can I find an EA based on this strategy ? Thank u.
Very good site !!!!