Mentioned in another thread...I recommend reading:   url

(Back)Testing Popular Trading Strategies

3 Little Pigs Trend Trading Strategy   Popularized by BabyPips ( url ), 3LP uses three simple moving averages (4 hourly, 1 day, and 1 week) to identify a trend to trade. My take on the buying rules are open a buy order when:     1. Price is ...

(Back)Testing Popular Trading Strategies

I agree with a lot of the sentiment here. In a bit of a rant (meant nicely) on a different thread  I mentioned similar ideas ( url ) Alex

Highest Open / Lowest Open Trade

HA HA that's the problem. Â I see many traders, often losing lots of money (unfortunately that's the statistics) or ultimately never trading live, obsessed with finding THE trading method. Forums are filled with desperate questions about very ...

(Back)Testing Popular Trading Strategies

Previously I looked at the simple price above or below an SMA to trigger a buy (if above) or a sell (if below). In many settings this simple strategy lost money. I did post one profitable combination. In this post let's look at using two SMA ...

(Back)Testing Popular Trading Strategies

Moving averages (MA) are the most popular way of analyzing past Forex pricing. They can be calculated different ways in most Forex trading platforms. Simple MAs, my interest here, are calculated by "averaging" prices, often closing prices, over ...

(Back)Testing Popular Trading Strategies

ÂÂ I'm very sorry to hear of your loss last month with GBPUSD (I presume). I can speak from personal experience that it takes time to rebuild confidence. For what it's worth do a lot of testing before putting your own money on the line. Also be very ...

Easy system I trade each day

Sure. I'm a professional software programmer with many business clients (companies) for the years. I have found back-testing using Strategy Tester in the MetaTrader very frustrating. Essentially you had to create an Expert Advisor (EA) every time ...

Simple 5 / 8 moving average crossover

Just to clarify the images in top to bottom order on my previous post are: SMA 60 minutes, EMA 60 minutes, and SMA 4 hour. Thanks Alex

Simple 5 / 8 moving average crossover

Hi, I tested the amazing cross-over strategy a little time back with fxRulesEngine. The rules differ from those in this threat by using EMAs instead of SMAs, and 60 minute time frame with an RSI cross-over system overlaid. I tried both SMA and EMA ...

Simple 5 / 8 moving average crossover

I just back-tested the simple SMA5/8 crossover on daily for EURUSD Jan to Oct 2016 with stop loss and take profit settings based on ATR(14) 4 hour and with trailing stops. Lot sizes were based on risk management settings. It's part of my final ...

Simple 5 / 8 moving average crossover

Hi Thanks for your advice. I shall check it out Alex

Easy system I trade each day

Hi I used this strategy as a test for my new EA, fxRulesEngine, software (for MT4) as part of final testing for release. The software processes rules and instructions in a text file enabling non-programmers to back test or forward test (and run ...

A Proven Simple Strategy (2MAs, 1 RSI)

  For sale with 2 weeks or so (called fxRulesEngine with a very predictable website name​). I'm a professional software developer helping business clients over many years, and I wanted to do something to help retail traders (esp. ...

Easy system I trade each day

I like to think that I was "inspired" by your ideas​. Actually I like your plan for its simplicity, namely using SMA20 with good trade management. It's all too easy to heap one indicator on top of another with little understanding of what's ...

Easy system I trade each day

This may be of interest. I've configured a version of this trading plan as two trading rules in my custom EA (as some final testing before release). I wanted to backtest this strategy on EURUSD since Jan 2016. The bottom line is the plan (my version ...

Highest Open / Lowest Open Trade

Yes I agree. It does look good. In my EA system your strategy is configured as two (relatively simple) rules similar to the attachment. The ABOVESMA qualifier, for example, is configured with value&periods&shift. However these two rules don't truly ...

Easy system I trade each day

I thought this may be of interest. I took mrhigurashi's trading plan as an opportunity to test configuring my custom EA (before release). I used the original rules as much as possible but had to introduce some differences (see below). Then I ...

Easy system I trade each day