Thread: Ema Cross!
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Old 11-19-2007, 07:45 PM
teldon teldon is offline
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codesguru,
can you please take a look at this setup and see if this stategy seems profiatable to you........
If we have EMA 10 cross EMA 80 .......

Open buy for cross up
Open sell for cross down

Open only one trade per every cross.
No stoploss and no takeprofit.....
If the current trade is profitable than it will close at the next cross and open an opposite trade.....

If the current trade is at loss than it must not close at the next cross but it must open an opposite trade at the new cross as per the signal.

if the first trade is at a floating loss the next trade is double the lot.
If we have more than 2 open orders then every order will have the same lot size as the last order.
This is how the trades will get closed.....

1. If only one order opened and is in profit ,,,, it will close at the next cross.
2. If the total sum of all open orders are in positive float than the Ea will close all orders at the next cross and open a brand new oder in the direction of the cross.

i think it is workable ....if it is please make an EA for testing.....
was salam
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