lptuyen Posted July 6, 2012 Report Share Posted July 6, 2012 Haven't yet tried it, but it seem very good. Here is the link: http://www.4shared.com/rar/ApP13eJ2/10pips_daily.html BRs. sohba, dk1aussie, EasyMoney and 21 others 24 Quote Link to comment Share on other sites More sharing options...
apresau Posted July 8, 2012 Report Share Posted July 8, 2012 Strategies don't come much simpler than this. To quickly check the strategy against different pairs, I wrote a histogram indicator. I'm not permitted to post attachments, so here's the code - //+------------------------------------------------------------------+ //| RSI_MA Cross Histo.mq4 | //+------------------------------------------------------------------+ #property indicator_separate_window #property indicator_buffers 2 #property indicator_color1 SteelBlue #property indicator_style1 STYLE_SOLID #property indicator_width1 2 #property indicator_color2 Crimson #property indicator_style2 STYLE_SOLID #property indicator_width2 2 //---- input parameters extern int RSI_Period = 21; extern int MinRSIcross = 0; extern int FastMaPeriod = 5; extern int SlowMaPeriod = 12; extern int MaType = 1; extern int MinMAcross = 0; extern int shift = 1; //---- indicator buffers double UpHisto[]; double DnHisto[]; double points; //+------------------------------------------------------------------+ //| Custom indicator initialization function | //+------------------------------------------------------------------+ int init() { //---- indicators SetIndexBuffer(0,UpHisto); SetIndexStyle(0,DRAW_HISTOGRAM); SetIndexBuffer(1,DnHisto); SetIndexStyle(1,DRAW_HISTOGRAM); //---- if(Digits==3 || Digits==5) points = Point*10; else points = Point; return(0); } //+------------------------------------------------------------------+ //| Custom indicator deinitialization function | //+------------------------------------------------------------------+ int deinit() { //---- //---- return(0); } //+------------------------------------------------------------------+ //| Custom indicator iteration function | //+------------------------------------------------------------------+ int start() { if (Bars <= 10) return (0); int counted_bars;//=IndicatorCounted(); if(counted_bars<0) return(-1); //if(counted_bars>0) counted_bars--; int limit=Bars-counted_bars; //---- for (int i = limit; i >= 0; i--) { double RSI = iRSI(NULL,0,RSI_Period,PRICE_CLOSE,i+shift); double FastMa = iMA(NULL,0,FastMaPeriod,shift,MaType,PRICE_CLOSE,i); double SlowMa = iMA(NULL,0,SlowMaPeriod,shift,MaType,PRICE_CLOSE,i); UpHisto = 0; DnHisto = 0; if(RSI>50+MinRSIcross){ if(FastMa>SlowMa+MinMAcross*points){ UpHisto = 1; } } if(RSI<50-MinRSIcross){ if(FastMa<SlowMa-MinMAcross*points){ DnHisto = 1; } } } //---- //---- return(0); } //+------------------------------------------------------------------+ If long conditions are met, a blue histo bar shows. If short conditions are met, a red histo bar shows. If conditions are not met, no bar. MinRSIcross and MinMAcross are included to filter some of the false trades. (MinMAcross is in pips, adjusted for 4- and 5-digit brokers) The shift variable is included because MA crosses often don't confirm until the open of the next bar (hence the default value of 1) Like most MA crosses, it seems best suited for longer trends. enjoy acaciam39, Loustar1, energetic and 16 others 19 Quote Link to comment Share on other sites More sharing options...
PSmith41 Posted July 9, 2012 Report Share Posted July 9, 2012 Thank you very much for your work apresau. Cheers, Paul. Quote Link to comment Share on other sites More sharing options...
pipette4x Posted July 10, 2012 Report Share Posted July 10, 2012 thanks apresau. it sure makes it easy Quote Link to comment Share on other sites More sharing options...
thaomoua Posted July 10, 2012 Report Share Posted July 10, 2012 u are totally awesome! Quote Link to comment Share on other sites More sharing options...
peterpiak Posted July 10, 2012 Report Share Posted July 10, 2012 Please someone kindly post the indicator, i do not know how to compile the code. Quote Link to comment Share on other sites More sharing options...
FxNewbie Posted July 10, 2012 Report Share Posted July 10, 2012 Just copy between the +-----------+ at the top and +-----------+ at the bottom. Then paste into any text editor like Notepad and "Save-As" RSI_MA Cross Histo.mq4 in your MT4 Experts | Indicators folder. Then load this file in MetaEditor (F4) and click the compile button. Restart MT4 and it's all done. Hope this helps. Try it. It is easy to do and a good learning experience for you. peterpiak, hermes and Freddie 3 Quote Link to comment Share on other sites More sharing options...
apresau Posted July 10, 2012 Report Share Posted July 10, 2012 Hi folks, Thanks for the feedback - very kind of you. To make it easier, I've opened a mediafire account. The indicator has been tidied up and put here - http://www.mediafire.com/?jjwdn9dxb0a4fb6 (should have done this before - sorry) Purely mechanical strategies (no trader discretion involved) can usually be coded this way for testing. I don't mind trying others if you need them. hermes, ⭐ yakka, casey12 and 15 others 18 Quote Link to comment Share on other sites More sharing options...
mark1504 Posted July 11, 2012 Report Share Posted July 11, 2012 Thank you!!! Quote Link to comment Share on other sites More sharing options...
uttkal Posted July 23, 2012 Report Share Posted July 23, 2012 hello Please can you attach in this forum only. its easy just go advance post option. Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted July 23, 2012 Report Share Posted July 23, 2012 Link is dead Quote Link to comment Share on other sites More sharing options...
nht Posted July 23, 2012 Report Share Posted July 23, 2012 Re-uploaded: mediafire.com/?jdcy71k6yslooxe darter, cashdaily, iqofgenius and 5 others 8 Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted July 23, 2012 Report Share Posted July 23, 2012 Danke sehr! Quote Link to comment Share on other sites More sharing options...
elnikos Posted July 23, 2012 Report Share Posted July 23, 2012 it looks that the indicator is not always right! Quote Link to comment Share on other sites More sharing options...
Rey Nuevo Posted July 24, 2012 Report Share Posted July 24, 2012 awesome, thanks!! :) Quote Link to comment Share on other sites More sharing options...
dashisiong Posted July 26, 2012 Report Share Posted July 26, 2012 Interesting indi.....thanks for the reup for the indi... Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted August 6, 2012 Report Share Posted August 6, 2012 Tried this morning on 6 pairs. No losers and made 60 very easy pips. If you are trading full lots like I do this can provide a rather handsome income. Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted August 6, 2012 Report Share Posted August 6, 2012 This might be a simplistic ****** system but on the one hour chart it is almost impossible on a major pair to find a losing trade when the criteria of RSI crossing 50 and using a 10 pip take profit with a 15 pip stoploss. Check it out on some major pairs for yourself. I made over $600 in 2 days trading one lot at a time. ddam3, lapa70, adsanders and 2 others 5 Quote Link to comment Share on other sites More sharing options...
fallingrain Posted August 8, 2012 Report Share Posted August 8, 2012 This might be a simplistic ****** system but on the one hour chart it is almost impossible on a major pair to find a losing trade when the criteria of RSI crossing 50 and using a 10 pip take profit with a 15 pip stoploss. Check it out on some major pairs for yourself. I made over $600 in 2 days trading one lot at a time. So u traded the exact system except with SL 15 pip and it is very profitable? Quote Link to comment Share on other sites More sharing options...
lbf4223 Posted August 9, 2012 Report Share Posted August 9, 2012 I tested this for the month of July on the Globex 6E contract (EUR/USD pair equivalent) on a 60 minute chart with Amibroker on 400 different combinations of stop and profit target (including 10 pips profit and 15 pips stop) and it failed miserably. Not 1 winning combination. It doesn't matter if you trade it with 1 pair or 6. It's a loser. Now, I did this on a 24 hour period. If you want to limit it to certain tradeable hours (give in EST) then that's easy enough to test as well. But, just looking over the sequences of winners and losers over a 24 hour period, there is no sweet spot where sequences of winning trades are always popping up. If it's as good as claimed, simple backtesting will reveal this. It's not. Sorry to be the bearer of bad news. ⭐ yakka 1 Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted August 9, 2012 Report Share Posted August 9, 2012 Using a 10 pip take profit and a 15 pip stoploss and the 21 RSI cross of the 50 on the EUR/USD beginning on 7/30/12 through 8/8/12 I had 9 trades and no losses. The following is EST time. 7/30 2100, 7/31 0500, 8/1 0100, 8/1 1000, 8/2 0300, 8/2 0800, 8/3 0200, 8/6 0800, 8/8 1800. With the exception of the trade on 8/3 which gave me 64 pips the others were 10 each for a total of 144 pips on this one pair with zero losses. At the same time there were 7 winners and 2 losers on the EU/JP, 7 winners and 1 loser on the AU/US and 8 winners and 1 loser on the AU/JP. I netted a little over $3000.00 in 8 days. I am not trying to sell this thing because it is free but in a market like we are in now plus the fact it is August I am happy with almost $400 a day. nor888 and adsanders 2 Quote Link to comment Share on other sites More sharing options...
adsanders Posted August 9, 2012 Report Share Posted August 9, 2012 I agree with iqofgenius. I really like this simple system/idea. I took a quick look at the eur/usd 15m chart over the last couple days and it looks pretty good even on 15 mins chart. I am going to test it next week. Thanks for the posts. Quote Link to comment Share on other sites More sharing options...
PSmith41 Posted August 9, 2012 Report Share Posted August 9, 2012 I'm liking this one :) Simple and effective. Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted August 9, 2012 Report Share Posted August 9, 2012 Take some advice. Use the one hour chart only. adsanders 1 Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted August 9, 2012 Report Share Posted August 9, 2012 BTW, made 44 pips today on my 6 pairs. That is over $400 a day. ⭐ Ormazd 1 Quote Link to comment Share on other sites More sharing options...
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