I started forward testing EMA_Cross_Sidius and when activated it instantly took a SELL position when all the indicators outlined in the strategy were indicating a BUY postion. Any thoughts on why this happened? Otherwise this thing backtests really well.

EDIT
*I am now assuming this EA is using a counter-trend strategy, as opposed to the actual trading style outlined in the attached PDF*
Played with right it can still be profitable as far as a backtest can be accurate

Okay, after reviewing all of the versions of the EMA Cross I've determend that the last version v.5 states this line in the 'external' (extern bool immediate_trade = true. It appears that the earlier versions did not allow you to change this in the inputs window when attatched to EA chart. Changing this to 'false' will not allow the EA to trade immediatly but wait for the cross. I may be wrong here, I've not tried it yet due to me not being at my home computer. But it's what I'm finding. I may stand corrected by a more intelligent source. TTYL, Kevin

The best way to use EMAs is with the Absolute Fibonacci Framework. They just don't make as much sense in any other environment.

__________________
LEFT Brain Trading - the right mindset and technique for success in Forex

Hi everyone,
First post here and happy to have something to add at last.

Apart from the huge stop loss what am I missing with this backtest? It has to be too good to be true, right?

I used good Alpari data and messed with the External Variable settings until I got this result. I am also forward testing this EA with CFG so will report results.

My whole theory here was to allow a giant stop loss and let the market float around until it hit the appropriate target. Scary, but did it work?

Take care :-)

Attached Images

EMACROSS2-5 Minute-1 Lot.gif (5.2 KB, 1751 views)

Attached Files

EMACROSS2-5 Minute-1 Lot.htm (113.4 KB, 405 views)

Hello!

Small a question.

Is it possible when the 2 EMA give 2 conditional position?

Example a EMA200 and a EMA10

1 - buy_stop + 20 pips
and another
2 - sell_stop moin - 20 pips

How I can do this?

hank you very much for your work.
In a friendly way.

Sorry for my poor English !

There is my strategy.

EMA 100 whit levels +20 and -20
EMA 20

If sombody can help me to modify the EMA_CROSS

2 conditional orders BUY_STOP + 20 and SEL_STOP -20
Take profit of 20 pips.

Attached Images

emaexpert.gif (28.5 KB, 2315 views)

Excused, is possible to insert in EMA_cross-2 the number of identification of the orders?

Hi,
I found super-signal attached very usefulwith EMA cross . I want to use it in the mobile PC.

As the mobile PC does not suppoet the custom indicator ,please tell me how can I get the indicator with the embeded indicators/ logic in the meta-trader4.

I hope you will kindly answer.

Regards,

Siddesh
)

Attached Files

_super-signals_v2.mq4 (1.4 KB, 434 views)

Hi all,
great thread. Have been looking at FX for a while and decided independently that a Moving Av cross was the way to go. Then i found this thread :-))))

Coders Guru's settings of EMA10xEMA80 are excellent. Few trades means less spread and slippage to pay. I was standing in the shower and realised one problem. The only problem is that the pay off is quite long. Typically 3-5 months. I want to quit my shitty job and get trading quicker than that!

I had originally decided (before finding this thread) on a EMA5xEMA10 setting but wanted to get better entries and exits (by about 50 pip both ways) by using a M1 TF and using the settings of EMA5 and MA4000. Sounds crazy I know but take a look. Unfortunately I can't get any more than 4000 out of MT4. 5000 or 6000 would be better.

Now, this triggers 5 times the number of trades as 5/10. If we added a 'Pip Entry Barrier' of 15 pips this brings it back to just twice the number of trades. SOunds a lot but the result is more pips than the 5/10 setting.

The end result of a EMA5xEMA10 or EMA5xMA4000 setting is less pips overall than EMA10xEMA80 but a more regular income..

Could somebody add this as a mod please??

------------------
mmmmmm......

I had originally said Coders Guru's settings were excellent but that was off a cursory glance. It looks great with no noise but it leaves a hell of a lot of pips on the table on most entries and exits, so much so that there would be a reasonable loss on many trades. Sure it loks great at the cross but where you take the actual trade is another matter. I haven't manually backtested these settings but 'm pretty sure this is going to be the case. I manually backtested 5/10 settings on a daily chart and thought 'I'm gonna be rich!' but soon worked out after manually trading a cross that you are many pips off the mark.

The great thing about the cross as a signal is that it ALWAYS keeps going in the same direction. The trouble is that we don't know how long for. As i said before, if we wait for a cross to get out, you will end up with a loss most times (esp ading on slippage and spread). Using a TP limits you on the big runs and will unlikely be enough to recoup your previous losses.

Given that it ALWAYS goes in the same direction means that we know we can get at least SOME pips out of it. What would make this system really kick is a BREAKEVEN point. Once the trade has gone say 30 pips in our favour we move the SL to our entry price. That way most times we get stopped out for 0 pips loss (we may lose the spread).

With this method you can let the profits run until the next cross and get 300, 600, 900 pips.

Best regards. Robert.

Hi Coders Guru,

I like your EMA Cross EA...
But after I try with many time change parameters and Time Frame and also some currency pairs...

I believe that this EMA will be better if:

-. Open buy or sell by CROSSING
-. Closed buy or sell also buy CROSSING or around 2 candle before EMA CROSS

No TP, NO SL and NO Trailing Stop Can U make it?