seems more profitable if you trade the ema 8, 21 and 55 manually than EA.

mr admin , i have made setup emafibo but cannot run in my MT4..anybody can help me?

It is not an indicator. It is EA. Look at this post.

EAs are updated on this post http://www.forex-tsd.com/50877-post31.html and this one Fibonacci_Ema :

Next versions: EmaFibo_v1.1 and EmaFibo_v2.1 (see attachments updated)
Ma mode is changable in the settings for all 3 indicators separatedly:
0=sma, 1=ema, 2=smma, 3=lwma

Hello

3MaCross EA is based on the 3MACross indicator. This indicator uses 3 MAs with different periods to enter and to exit. It is a classic indicator oftenly used by Hedge Funds on higher time frames. Traders can change period and type of MA (0=sma, 1 = ema, 2 = smma, 3 = lwma).

You can download the EA here : 3MaCross EA - MQL4 Code Base

It could be used jsut for short trading.
like your chart it can only used in 15 minutes chart whic requires more attention.

__________________
Nic
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hai nd, I like to use ema 5, 13, and 18 in TF 15. what ea I should use??

There are 1 or 2 latest versions.
You can check here for expanation of the settings and EA to download (you may change the settings to use the period you want).

EmaFibo EAs. The settings was optimized and posted as pre-set files together with backtesting results here. Besides please read whole Fibonacci_Ema thread for more backtesting results and versions of this EA.
- Idea development thread is here.
- some other versions - read here.

newdigital,

I tried to use the Expert Advisor Builder, after save it and do the strategy tester
an error occured
'2008.08.07 15:48:33 TestGenerator: unmatched data error (low value 1.5458 at 2008.08.05 17:45 is not reached from the least timeframe, low price 1.5464 mismatches)'
It's a simple logic EMA 12 cross EMA 21
What cause an error?
TIA
Zen

I used this Expert Advisor Builder (and Gordago sometimes) just to create templates and after that I modified the code manually. And in most cases I asked Igorad to help me. For me (i am not a coder) this Expert Advisor Builder is not enough to create EA.

As to your error so it may be broker's data error: means that data is not enough in Metatrader or something like that. Try to backtest with
'Use date'
settings in Strategy Tester
(just backtest for 1 months for example).
Or download more data to Metatrader for more period of time.

See post #2 on this thread How to start with MetaTrader and forex for small video about how to download the data from your broker to Metatrader.