Thread: Fibonacci_Ema
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Old 09-18-2006, 07:10 AM
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Quote:
Originally Posted by anazri
Hi guys..

I just got this strategy from one website. It shows quite good strategy but need your technical advise or additional suggestions.

Using EMA 8, EMA 13, EMA 21
Timeframe : H1

Open position when these EMA cross each other
Stoploss : for BUY position - the lowest price from the previous bar
for SELL position - the highest price from the previous bar.

Close Postion when it cross again.



see image.

thanks
This system is here Fibonacci_Ema
It was not my idea originally for this Fibo EMA System but I tried to developed some EAs 8 months ago.

It is very good that you remind it. I will try to improve those EAs.
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