Hi!
I think that very easy trading system is, when you only trade the Moving Avg crossovers.
I would like to ask you if here is someone, who can write a program:
EMA 25 and EMA 10 crossover, than trade 2lots on 15min chart.
I think it could not be very difficult.(dealbook,vttrader,metatrader etc.)
(sorry for my english)
Thank you very much:)
…
Trading crossovers only works in strong trends. It will devour profits in a ranging market.
Im a beginner (very beginner). But I made money with this non system. I want to know why - Im sure it was only luck - this non system was making money.
And I would like to know how much is this sytem loosing or making, but I would not like to sit in front of the computer and trade this non system to know that:)
Thank you
It’s not your crossover that I was referring to.
My apologies.
There was a spam post in there trying to sell you a set of indicators. The mods have since removed the post, and I shall update mine.
As for your system, MasterGunner is right. A crossover entry WILL make money. But when the trend changes into a consolidation pattern, it will get you in late, causing a lot of stop loss hits.
Keep trying it on demo. You’ll see what he means.
If you play with the crossovers, there are ways to combat that a bit, but it requires a lot of babysitting time to do so.
Cheers!
It is classical.
But for main signal use same on 1hr charts.
Im not trading MA crossovers in this way anymore. But maybe with some trend analysis the MAs are helpful, but unfortunately as all indicators they lag. Now Im trying to concentrate on pure PA:)