Hello guys,
I'm quite new to this and I have a few questions regarding the Way an EMA EA works.
I've downloaded an EMA EA written by Coders Guru From here:
http://www.forexmt4.com/_MT4_Experts...nModV7mini.mq4
After trying out different values I've managed to receive these results (using back testing):
Although I'm happy with these results I've noticed two things that bothered me when watching the chart that was generated by the back tester:
1) I've noticed that some trades occurred without a cross of the MAs as seen on this picture:
What is the reason for this? Is it connected to the shift parameter that can be set in the iMA function? (As in we can only know that a cross has occurred after the time period is finished so I need to set a shift of 1 period so It'll work as intended?).
2) In some places there are clusters of 10-20 trades like here:
Do you guys know what is the reason for this and how it can be prevented?
(This "clustering" happened to me when I was live testing (demo account) another EA as well).
Thanks in advance, Drue.