Trade2Win

[cpierre]

Initial lots=> 0.1 ,Fast MA=> 3 ,Slow MA=> 30

Exit trades on ma cross only=> True

Use SL and TP= False

Stoploss=> 0

Take profit=> 0

 

If fast ma is above slow ma, buy. If slow ma goes above fast ma and buy position is in -pips, close buy and open sell of 0.11 lots. If fast ma goes above slow ma and sell position is in +pips, close sell and reopen buy of 0.11 lots if previous closed sell +pips not = to or more than first buy order that lost. If sell was = to or more than first buy order that lost, open buy of 0.1 lots.

 

Hi all I was testing this manual strategy lately using simulator for backtesting. I was wondering if anyone can make a simple EA with this strategy . Here are the chart pics

}}}http{://imageshack.us/g/215/twtmg1.gif/}}

 

Please share your thoughts on this and also let me know if there is an ea already with this strategy.

Thank you.

[ForexMike]

Above Charts

 

http://imageshack.us/g/215/twtmg1.gif/

 

Consider using a second color of green instead of red. Both being red can cause confusion.

Edited July 3, 2011 by ForexMike

[dumbert]

If market is trending this will propably work.

 

But be carefull if market is ranging.

This could kill your account.

[cpierre]

http://imageshack.us/g/215/twtmg1.gif/

 

Consider using a second color of green instead of red. Both being red can cause confusion.

 

Thank you.. its how am accustom already sorry there.

[cpierre]

If market is trending this will propably work.

 

But be carefull if market is ranging.

This could kill your account.

 

Okay, you can also change the ma periods to smooth ranging