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  #41 (permalink)  
Old 11-09-2006, 01:38 AM
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Just switch the "red" and "blue" colors, and it will look right. Blue means long, red means short now.

Quote:
Originally Posted by hccgtim
I been using the EMA_Cross 2. I been trying to under stand what sets off the trade. usealy when using a ema the prices cross the ema line you go in the direction of the price but, with the EMA_Cross 2 it looks like you go donīt you go short could you tell me why it looks this why



RGRDS
Tim
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  #42 (permalink)  
Old 11-20-2006, 06:03 AM
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This indicator is fantastic on a daily chart. You could take of 15 - 20 pips on a signal at almost 99%. Anyone know what stoploss would be best to use?
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  #43 (permalink)  
Old 11-20-2006, 09:04 AM
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not sure if this is right or not but,

profit * probability% of getting it = stop

so if your looking at 15pips 70% of the time

15 * 70 = 1050 stop loss

that is to breakeven and not including rollover interest/spreads
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  #44 (permalink)  
Old 11-20-2006, 09:24 AM
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Quote:
Originally Posted by codersguru
There were some errors in the previous Indicator .
using pos-1 in the EMA calculation was wrong because pos -1 is a bar in the future, it works only if there was future bars (while drawing the indicator from the first bar, the second bar is -1 of the first bar, and the third bar is -1 of the second bar etc. but the -1 of the current bar is not exist yet).

Anyway, this is the new version of the indicator.
I hope to see your comment! Is it worth to enhance or to forget !
Could you please do the same as with Moving Average indicator: keep the latest version in the first post. Because again, now one has to go thru all latest branches find the latest version. And well, as usual, thanks so much for all your great work and contribution to the community!



Cheers,
Diam0nd




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  #45 (permalink)  
Old 11-20-2006, 10:33 AM
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Quote:
Originally Posted by trevman
not sure if this is right or not but,

profit * probability% of getting it = stop

so if your looking at 15pips 70% of the time

15 * 70 = 1050 stop loss

that is to breakeven and not including rollover interest/spreads
That cant be right.

If you went for 25 pips on each trade and with a stoploss of 100 you would have to get over 80% of the trades right to get into profit. Using this indicator for this is highly possible.
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  #46 (permalink)  
Old 11-20-2006, 01:47 PM
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Anyone tried this on forward demo testing?
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  #47 (permalink)  
Old 11-20-2006, 02:11 PM
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Quote:
Originally Posted by et_phonehome_2
Anyone tried this on forward demo testing?
Im going to start testing it on a demo account
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Old 11-20-2006, 04:00 PM
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I will test it with cable, euro/dollar and swissy
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  #49 (permalink)  
Old 11-20-2006, 10:12 PM
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Latest version
Latest version is on page 3, post #23
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Old 11-20-2006, 10:17 PM
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signals?
I am trying to understand the signal arrows...Does a red arrow pointing up mean sell that day that it is under?

Does the blue arrow pointing down mean buy that day it is over?

I am confused by the first post in this thread.
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