Hi All,

Here is my Indicator

EMA: 5 , 18 , 35 ( All in HLC/3)
Slow Stoch : 13 , 8 , 5 ( Exponential)
RSI : 13
ADX/DMI : 21

Entry market (BUY) when EMA 5 n 18 are crossing confirmed with RSI > 50 , Vice versa (Sell , RSI < 50 )
EMA 35 For our Trendy

For Day trading, I suggest using multiple time frame 5 , 30 or 15 n H1
For Trendy Using TF H1

Hope This usefull

4xtrader

P.S. Please becktested for your convenience

Attached Images

001a3.gif (27.0 KB, 659 views)

Nice work!
Do you have a EA of that??
Thanks!

Hi Glader,

I haven't it yet, I always do it manually, that makes you more disciplined

regards,

4xtrader

How exactly to validate the entry ? 15m TF will surely signal the EMA crossing first before 1 H, so do we wait for confirmation on H1 before entry ?
Where to set the stop loss ? and how to get profit ?

Thanks.

You're right, I always entry using TF 15 m n SL 30 pips below/above EMA cross ( entry point), you have to make sure all signals are in the same direction ( up or down ) with Target profit 100-150 pips for GBP/USD each trade

For Best result we're waiting for confirmation on H1 ( some times twice a week not every day, like GBP/USD about 2 hour after London opened, yesterday)

To get profit, closed when EMA 5 n 18 on TF 15 crossing again or using Trailing Stop to protect our profits

Hope this help

Great post, Just a quick question, what is the value of the ADX indicator and or how do you use it.

Thanks

Mark

__________________
I feel more like I do now, then I did a minute ago.

Mark

Let see if I have this correct in my mind.

EMA 5,18 cross trading system by 4xtrader 3/1/06

Indicators

EMA 5
EMA 18
RSI 13
Stochastic 13, 8, 5 exponential
ADX 21

My addition
FX-Fish 10, 6, True, Alert False

15 minute chart

Process

• 1.wait for cross then buy long or short when confirmation of the following signals
• 2.RSI cross the 50 level going in the same direction of the prospective trade
• 3.Stochastic direction going in the same direction of the prospective trade
• 4.One hour time chart confirms trend is going in the same direction of the prospective trade

If all this is going in the same direction of the prospective trade (Get in the trade)

Stop loss 30 Pips above or below 18 EMA cross
Take Profit 100-150 pips or use trailing stop


Mark

Attached Files

4xtrader 5 18 ema cross system.txt (744 Bytes, 306 views)

__________________
I feel more like I do now, then I did a minute ago.

Mark

You've got it, my friend

Remember, I always do it manually n my gut involved

I'm so glad if anyone can make an EA for that

Sunwest started an ea, did it not work?

Mark

__________________
I feel more like I do now, then I did a minute ago.

Mark

Hi Mark,

I've never tried any EA in this forum

Trading manually more exicited for me than autotrade, because all your mind n body involved

God Bless
4xtrader