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simplicity ,the best solution
I think simplicity is sometimes the best solution.
I would sure appreciate if some programmer could check this out for me.(it would take me forever to learn to program Metatrader myself and I am way too busy)
I know it sounds too simple but I was amazed at the results I got with my manual tests.
on a 15mim. or 1hr chart.
You set your ema`s at 10,25,and 50.
very simply, when the 10 ema goes through the 25ema and continues through the 50ema you Buy/Sell in the direction the 10 ema is going (once it breaks through the 50 ema.)
You set a stop loss at 25 pips and a limit at 50 pips.(this way when you win you win twice as much as you lose when you lose) If over time it goes right just 35% of the time, you still make money ...and of course you should do at least 50/50 in the long run. (I think)
I manually checked back for the maximum time my charting package would allow on 6 pairs and got quite good results.
(My 1hr only allows 30 days and my 15min allows 10 days.)
I was hoping some kind soul could tell me how this would have done over the last year or more. thanks
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