Back testing is a waste of time if youthink a strategy that is successful in back testing automaticallywill be successful going forward. However, it does have several uses: If a strategy performs poorly in backtesting you can be fairly certain it ...

D1 - 20 EMA & 50 EMA

Ok--here they are. With these, the parameter Risk is for setting how many lots you want to use. So if you want .2 just change the setting to .2. The first one uses ATR to determine SL & TP. B uses a fixed SL and TP. As always--don't use on a live ...

D1 - 20 EMA & 50 EMA

As an added bonus I also did the Third Screen Strategy as an EA. This one checks the Weekly MACD and Daily MACD for direction instead of the EMA's. I added all the user defined variables so you can test and optimize. Let me know if you catch any ...

D1 - 20 EMA & 50 EMA

You can adjust the percentage risk. Just change that setting to what % of your account you are willing to risk per trade. The default is 1%

D1 - 20 EMA & 50 EMA

Here they are fixed. I made the mistake of not deleting the old one and added the extra features to it instead of the one that worked correctly. I also added another feature so the user can select how long between trades. Default is 6. 100Pips is ...

D1 - 20 EMA & 50 EMA

My EA does that by counting bars on the H1 time frame. I hardcoded it for 6 but later I can go back to make that a variable so people can test for 6, 12 or whatever Later this weekend I will make an EA based on the original Third Screen Strategy so ...

D1 - 20 EMA & 50 EMA

Since it only took a few minutes I added another version. With this one you can use the StopLoss and TakeProfit Settings instead. The defaults are 250 SL and 350 TP, but you can just change the numbers instead of playing with the ATR. Don't use the ...

D1 - 20 EMA & 50 EMA

Here is an updated EA, this time allowing the user to test different variables so you can back test and optimize to find the best set files for each pair. As mentioned before, I am new at coding so do not even think about trading this on a live ...

D1 - 20 EMA & 50 EMA

file file Despite the outstanding results from my first EA, I went back and fixed the bugs (I think) so it would actually conform to the rules of this system. Please do NOT use this on a live account as there could still be more bugs I might have ...

D1 - 20 EMA & 50 EMA

Grrr-I threw it together pretty quickly so will have a look tomorrow and fix it.

D1 - 20 EMA & 50 EMA

update on EA:

D1 - 20 EMA & 50 EMA

Yes--see the first post and his trades. He is testing multiple entries spaced at least 6 hours apart and another test at least 12 hours apart.

D1 - 20 EMA & 50 EMA

The rules are pretty simple, so I made a very basic EA for testing purposes. Only 2 days but looks impressive. If Felix says OK I can post it if anyone has the time to do back tests and optimization since my schedule is pretty crazy right now. If ...

D1 - 20 EMA & 50 EMA

I don't think those are the right type of pinbars. The ones he has shown are reversals where as the ones you show would more likely be a continuation of the trend. Look at the EURGBP chart about 40% of the way through starting from the left. You ...

DailySniper

Did you take either trade, Felix? If so, what tp's did you set? I am not feeling real strong about either one

DailySniper

Thanks again, Felix! That was a nice trade this morning.

DailySniper

What is your tp?

DailySniper

Count me in if you start this!

DailySniper

Looks like a good, simple yet profitable system. Questions: If price hits your entry before the London session, will you take it early? Why not set a pending order as soon as the market opens?

DailySniper

A nice quick one on EUR/AUD

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