Quote:
Originally Posted by johnray
HELLO EVERYONE I FOUND OUT A STRATEGIES ON ALL CURRENCY AND I NEED YOU TO MAKE THE EA FOR ME CHECK THIS OUT...
1 MA_Period= 2 MA_shift= -5 MA_Method= 3 (YELLOW)
2 MA settings MA_Period= 4 MA_shift= -5 MA_Method= 3 (RED)
3 MA settings MA_Period= 200 MA_shift= 0 MA_Method= 0 (COLOUR TEAL)
SIGNAL SHORT: WHEN YELLOW AND RED CROSSING TEAL EITHER UP OR DOWN
LETS DO SOME EA TO MAKE IT WORKS AND LETS MAKE THE EA MODIFIED ITSELF WHEN PRICE MOVE TO 10 PIPS NO THE STOP LOSS WILL MOVE TO 2 PIPS WAITING FOR THE BEST PROGRAMMER....
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Johnray,
1-Thanks for your strategy,looks different,and this is one of the most important things nowadays in regards to trading.
2-You don`t need the 2 period MA since,obviously,it will always cross before the 4 periods one,so,instead of using 2 MAs and wait for 4 periods to cross,use just the 4 periods one.
3-By using shift=-5,you have to notice that there is a VISUAL BIAS in the perception of the crossover,what you see in the chart as a cross,is actually what will be there 5 bars later,so when you see the actual cross,price is already 5 bars ahead and your entry is as good or as wrong as using shift 0.
See the attached pic and you will realize that visual crossover must lag 5 bars..blue rectangle to the right..and,consequently see with an arrow,where the actual entry would have been done at the last crossover....not a good entry by all counts.
Regards
Simba