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smilee89 replied Aug 14, 2013It works great. Thank you!
Opposite bars in a row - indicator needed please
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smilee89 replied Aug 13, 2013You should have closed in profit after 3rd entry (1 bar after 3rd entry).
Simple Sma-based strategy
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Opposite bars in a row - indicator needed please
Started Aug 13, 2013|Recycle Bin|8 replies
EDIT: The strategy works great, after checking it with the indicator posted at post #3. I am ...
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smilee89 replied Aug 12, 2013Oh. Now you talk
. It works now. Let me check more.Simple Sma-based strategy
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smilee89 replied Aug 12, 2013There is no "Good looking" needed in this strategy. The rules to enter each trade are very clear. You just need to add X pips (50 pips~) behind SMA400 for SL and 15-30 pips for 1st entry. For other entries, you can check the distance between SMA's ...
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013For example: Some trades are not closed when reaching TP. Some trades are opened even if the sma's are not at the right order before 1st entry. TP is not placed at all - TP is blank at the backtest results.
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013Zerrox, the EA does not work by the rules at all. Sorry.
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013Yes, I go long at the 4th entry level, no matter where are the sma's at this point. The criteria for the sma's to be in the right order (sma30>60>200>400) - has to be checked only before 1st entry.
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013Xfiles, you may need to update later-on your limit orders price ("follow up" trades), since price may go up and so the sma's.
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013I trade this strategy for more than 6 months already. I like to trade intradays mostly 5-30 minutes. There are no recommended value to TP and SL. I repeat again - each pair/TF/volatility has its own targets. When all 4 targets hit the SL (which is ...
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013Thanks for your kind words and many thanks for vouching me. I appreciate it!

Simple Sma-based strategy
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smilee89 replied Aug 12, 2013Your 2nd and 3rd trades are not by the rules. Since your 1st trade closed in profit, you do not trade again until you have again 10-11 bars above sma30 and all other sma's are in right order.
Simple Sma-based strategy
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smilee89 replied Aug 12, 20131. When 10-11 bars are above Sma_30 - the trend is UP - so after price closes below sam60, the trade is Long. And vice versa for Short. 2.Once again, the lotsize is not strict size , but it's strict ratio (1:1:3:6), you can use it as 0.01 Lot, 0.01 ...
Simple Sma-based strategy
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smilee89 replied Aug 12, 2013For daily chart its the same SMA's. I also try to figure a new way to define 1st entry's TP by using ATR, but 'til then I use in pips ~150 for daily chart.
Simple Sma-based strategy