I am a new to this site and not having good programmeing skills. i need some one to develop EA for this system so we can test it .

It is basically STOP and REVERSE system.
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Buy

4 EMA of close price is higher than 7 EMA of open price

and

RSI 12 is greater than 50

And

MACD (12,26,9) ( Short MA 12 Long MA 26 and signal 9 ) Exponational Moving Average MACD of Short period cross MACD of Long Period.

SELL

4 EMA of close price is lower than 7 EMA of open price

and

RSI 12 is less than 50

And

MACD of short period is lower than MACD Long period
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If you need any more information i will do it

Can you tell me if you will use a completed bar to trigger the order signal or will you use the current bar. What timeframe is your idea on? Spesific crosses or not? What is both MACD's settings you show only one? Do you look at the signal or the bars of the MACD?

Roets

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1. Completed Bar to triger signal
2. mainly 1 hour but can be use for 30 M as well 4 hours
3. MACDsetting for both is same as it is for buy.
4. look at signal of MACD

Hi Kumawat,

Wish you best of luck with this system and every one who will get benifit.

My Question is that, is the above system you are practicing from some time (means some weeks or months) or its entirely new idea you get.

Your Response will be highly apreciated.

Best Regards

Kazim

i have the same question.are you trading with this system?have you had any profit?
would you post your results.
and what is your exit rules.how do you close an order.
tanx

Hi

Thanks for your question,

i did manual back testing it is good. but i want to confirm by MT4 back testing for along period. i saw this system in list of good system.

hello kumawat,

I does not want to be malicious, but there are many methods or of strategies with EMA+MACD and I could you in siter at least 50 but it would be although you put evidence of your backtests.
I know that if it is not the case, few members will want to test it. has you to see. It is a comment and not a criticism.