You don't get the point. Since the "follow up" entries are not steady, there is no a strict TP. TP should be bigger than whole previous entries' losses to cover drawdown (floating losses) + some profit. Approx. TP for 2nd entry is 1st entry loss + ...

Simple Sma-based strategy

TP moves marked in black lines.

Simple Sma-based strategy

The idea is not to be glued to the screen, it's the opposite. I wrote lot size 0.1, 0.1, 0.3 and 0.6, but I did not mean this is the size. I meant that instead of using 1.1 lot at first entry, I divide my trade to 4 entries. You may chose to risk ...

Simple Sma-based strategy

The TP for "follow up" trades is not at 1st entry nor in previous entry. TP is shorter every time a new "follow up" trade is opened. It is changing according the distance between the SMA's. Actually I would love to test it with an EA so I may get a ...

Simple Sma-based strategy

First, you miss something very important. There is no average profit. The profit may change a lot since it depends on TF, pair and its volatility. You can gain huge profit when a trade is open with all 4 entries. Let me remind you that TP is based ...

Simple Sma-based strategy

Thanks. It is a great system.

Simple Sma-based strategy

EA is welcome.

Simple Sma-based strategy

Another example of euraud with a big move against the trade first, and then a pullback and profit.

Simple Sma-based strategy

1 tip: If Sma_400 is too far (and so is the SL) you can - a. skip 1st entry or b. skip the whole trade

Simple Sma-based strategy

Here is an example of a volatile pair - euraud 15min.

Simple Sma-based strategy

No EA. Mostly Europe and USA trading hours.

Simple Sma-based strategy

No. I don't look at MA cross at all.

Simple Sma-based strategy

Here is a good case when price went way back down before the pullback in the direction of the trend/trade. According to the money management explained in the first post: 1st entry - 0.1 lot=~1$ per pip 2nd entry - 0.1 lot=~1$ per pip 3rd entry - 0.3 ...

Simple Sma-based strategy

Yes, except Sma_300, which can be below or above any other Sma.

Simple Sma-based strategy

Thanks Davit, I appreciate your words. The risk can be changed of course according to each trader. I.e, if you risk only 1% of your account per trade (divided to Max. 4 entries) you can gain profit of 200% after 1 year (500-800 trades). DD can be ...

Simple Sma-based strategy

As you can see I started with small profits, and later-on I increased my risk (lotsize got bigger for every trade) and so my profit.

Simple Sma-based strategy

This is 1 of my accounts - Live account!

Simple Sma-based strategy

I traded 300+ trades (200 1st entries + 100 2nd, 3rd and 4th entries). Approx. 30 pips for 1st trade. Be aware that for 3rd and 4th entries you don't need to catch a lot of pips since you use a bigger lotsize which covers the 1st and 2nd entries ...

Simple Sma-based strategy

Edit - Aug 10, 2013: Do not upload EA results without uploading the EA itself and its backtest track history. I can't test it and see if EA works exactly by the rules.

Simple Sma-based strategy

I don’t think I am too much involved with MA's, believe me. It took me a long time to be convinced to go back and trade using MA's, after I tried it at the past and was very upset using them. This time it works great!

Simple Sma-based strategy