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8EMA/21EMA plus MACD and RSI - The worst system you have ever seen

3.50 star(s) 2 Votes

toido

New Member
Hi guys.

Why "the worst system ever you seen?" I tired looking for profitable one


Here the strategy:

We look to H4 and for some guys Daily can be also

We need three type of indicators

MA MACD RSI

Buy rules

8EMA>21EMA

MACD (5,13,1)>0 (wait for second candly close on MACD)

RSI 21 >50

Sell rules

8EMA<21EMA

MACD (5,13,1)<0 (wait for second candly close on MACD)

RSI 21 <50

http://img6.imageshack.us/img6/7735/mysystem.gif

Very easy and profitable. Even I found EA for this system and changed some parameters.

But I need some help!

1. One cross One trade! I cant manage this EA not open several trades on one way. I mean when met conditions which i wrote above open first trade. But then this order close(doesn't mean TP or SL),on close EA open second one on that way. It continues till opposite signal's appearing.

2. EA has Risk Management isn't like i want. I want EA to calculate RM for per order risk% of account. For example if i set 2%, it must mean 2% per order from my deposit. Lots will be manually.

You can give like this question. "Why you don't want EA open another trade on that way?" Because this strategy work on first order. For second orders I'm getting to find out fractal breakout ea..

I think it can be good strategy. You can test it without SL TP like only crosses trading.
Any way enjoy this

Attached Files
FastSlow MA RSI MACD EA (TS21).mq4 8 KB | 2,489 downloads
MACD_Colored_v103.mq4 13 KB | 1,816 download
4macd+rsi.tpl 2 KB | 1,681 download
 
Hi guys.

Why "the worst system ever you seen?" I tired looking for profitable one


Here the strategy:

We look to H4 and for some guys Daily can be also

We need three type of indicators

MA MACD RSI

Buy rules

8EMA>21EMA

MACD (5,13,1)>0 (wait for second candly close on MACD)

RSI 21 >50

Sell rules

8EMA<21EMA

MACD (5,13,1)<0 (wait for second candly close on MACD)

RSI 21 <50

http://img6.imageshack.us/img6/7735/mysystem.gif

Very easy and profitable. Even I found EA for this system and changed some parameters.

But I need some help!

1. One cross One trade! I cant manage this EA not open several trades on one way. I mean when met conditions which i wrote above open first trade. But then this order close(doesn't mean TP or SL),on close EA open second one on that way. It continues till opposite signal's appearing.

2. EA has Risk Management isn't like i want. I want EA to calculate RM for per order risk% of account. For example if i set 2%, it must mean 2% per order from my deposit. Lots will be manually.

You can give like this question. "Why you don't want EA open another trade on that way?" Because this strategy work on first order. For second orders I'm getting to find out fractal breakout ea..

I think it can be good strategy. You can test it without SL TP like only crosses trading.
Any way enjoy this

Attached Files
FastSlow MA RSI MACD EA (TS21).mq4 8 KB | 2,489 downloads
MACD_Colored_v103.mq4 13 KB | 1,816 download
4macd+rsi.tpl 2 KB | 1,681 download
:cool: Thank u for sharing your system
 
EA.

Indicators



8 EMA(Close)
21 EMA(Close)
MACD (5,13,1)
RSI 21 (70,50,30)


Entry rules


8EMA>21EMA & MACD (5,13,1)>0 & RSI21 > (50)

Open Buy

8EMA<21EMA & MACD (5,13,1)<0 & RSI21 < (50)

Open Sell

(I want additional rule +i also for each indicator, true/false)



+

Same indicators same rules, but something like confirmation I want this set on other time frame (time setting myself)


For example: If in Daily this conditions met and H4 met too open buy or sell some thing like this..


Exit rules

If after opening buy price will go against and creating opposite signal, so close that one and open sell, and reverse the same.

(For buy) If Price will go up from 70 and after coming down 70 and closing under that close buy order

(For sell) If Price will go down from 30 and after coming up 30 and closing above that close sell order



Risk Management

Lots

% per order (if I set 2% it’s mean EA must set 2% 0f deposit for order’s SL)

% for deposit (if I set 20% it’s mean EA must close all orders if 20% of deposit will be under lose)



Managing Orders



Trailing Stop

Trailing Stop only profits

Breakeven at

Breakeven slide

Trailing by fractal – its mean for example EA open buy and if price go up and after creation downer fractal SL will be slide under that fractal

Pips for trailing fractal – if I set 5 pips, its mean EA must trail SL under (or below for sell orders) down fractal + 5 pip + spread of currency

Take Profit

Stop Loss



Time Filter



Begin

End



EA must not close orders if time’s end. It’s just doesn’t open the trade except this BEGIN-END times.

I will be glad if you can add some code for “special day”, not trading that days. For example USA holidays, new year, Before FRS meetings, Non-farm payrolls and s.



Max added orders



Basically EA open 1 trade for first cross, after that cross if trade will be close earlier or some another event make it close, I don’t EA open another order on that direction. I want EA doing so:



If this situation will be EA will turn on Fractal breakout system – For example we have buy signal and after some hours trade will close (by hitting trailed stop loss or placed under fractal SL – only this situation), but we still have potential for buy how we add?

After cross we wait for creation Upper fractal, then we wait creation Downer fractal (on “buy” way both of them”). After creation DF EA place order buy stop above Upper Fractal + pips (Pips for “this”) P.S. Max orders basically for this.



If after placing buy stop, order will not be active and opposite signal will be form delete or close opened order..

http://img814.imageshack.us/img814/9002/example2.gif

It’s all for now. Best wishes..
------------------------------------------
This e-mail I sent for some mql coders, but no one answered. I think I know why))

This strategy good on trend market. Even on range breakeven let say 50 pips will help away bad signals..

This ea last edited version.. But it doesn't work like i want..
Attached File
FastSlow MA RSI MACD EA (TS21).mq4 10 KB | 1,
 

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