Complex trading system #4 (Trend trading with EMAs)
Submitted by Edward Revy on May 18, 2007 - 09:06.
Trading strategy setup:
Time frame: 1 day, 1 hour or 30 min.
Currency pair: any.
Indicators:
80 EMA
21 EMA
13 EMA
5 EMA
3 EMA
RSI (21)
Trading rules:
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Dear Edwards;
Don't worry about that Edwards, i thing this is the proof for this sites has to be one of a cornerstone of Forex Traders Over the World.
I Wish The Best for us especially for you Edwards.
Regards;
Manus168
Dear Edward,
Where could I download all these EMAs indicators (80,21,13,5,3). Is there any .zip file? I couldn't find EMAs on my MT4 's indicator's list.
meteurt7[at]superonline.com
Rgds
Mete
Hi Mete,
no need to download it, MT4 has it.
In your MT4 platform upper menu go to:
Insert -> Indicators -> Trend -> Moving average -> a window with Moving average indicator settings should appear.
Set parameters for Moving average:
Period 80
MA method: Exponential
Apply to: Close
That's it.
Regards,
Edward
Hi Edward,
recently I have changed the job and run out of time for forex due to that I have started to "play" with programing of Expert Advisors and you will not believe but I've discovered that most of strategies are not bringing money in longer periods of time. Even the strategy which I successfully use to trade manually seems to be unprofitable in a long run. Nevertheless from that time I am trying to code all of strategies which can I found just to check if they are working or not. I have prepared an EA of your complex strategy no 4. and it seems not to be profitable except of 4h charts GBP/USD. Of course I can be wrong you never know ;) In enclosure you can find the EA for your system maybe you would be so nice and review it?
Regards
Mike
Hi Mike,
That would be interesting to look at.
But, I would only be able to view an enclosed file (if any) when you tell me where to look for it :)
In other words, upon uploading it, you should have included the link to it into your comment.
Regards,
Edward
Hi Edward,
yes indeed that is a good idea ;)
here you go: complex4.mq4
Regards
Mike
Thanks Mike, I'll review it.
Hello EDward:
On p. 3 you state YOUR persoal favorites are Advanced # 3 and # 5 . But when chatting with Farid , you mention that ALL indicators
are lagging and recommend Fibon. and pivot points.
But , Advanced # 3 uses Two ( lagging ) indicators , RSI and Stoch . !!! I am confused. I am currentky bouncing back and forth
between-
Scalping # 6
Complex # 4
Advanced #3 and
Simple # 9
and then Double Stochastics pops up !
All of this adds to my confusion. I am simply overwhelmed by too many " good " strategies , and don t know where I am heading .
WHAT IS THE MINIMUM TIME FRAME FOR ADVANCED # 3 ????
Thanks for any advice you can give me .
Tony
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