true, the price has to close below both. but like i said before we can change the rules based on success of backtest results. so we need an ea and someone who knows how to backtest it properly.

Bollinger bands + 50 EMA

I used bluefx 1hr tf , manually forward tested by going 1 candle at a time for 8 day period, used gbpjpy only. The results are on the first post.

Bollinger bands + 50 EMA

Yes all true. But once we test this idea we will see if we need to change the rules a bit.

Bollinger bands + 50 EMA

Tell me right now what was the name of the original thread? If you take too long I wont believe you even looked at it.

Bollinger bands + 50 EMA

Seriously now.

Bollinger bands + 50 EMA

I asked for feedback from people that tested it. Have you tested it or even looked at it closely? Like Magix said looks like you keep trolling other threads and making useless comments.

Bollinger bands + 50 EMA

im more curious about your real purpose than being offended really. but i guess its something else you wont share.

Bollinger bands + 50 EMA

I really don't understand why you wasted your valuable time to post here??? What was the purpose? If you want let me alert your pm every time there is a new thread so you don't miss out on dissing it.

Bollinger bands + 50 EMA

Well I did say it is not a system yet. Why dont you be positive and give me, us the "right sample sizes".

Bollinger bands + 50 EMA

Tnx buddy I appreciate the comments. I will do just that before I go too deep. LOL

Bollinger bands + 50 EMA

Thank you. I will add more rules. Just to give you idea for your personal testing. e.g. price breaks out of top bb and closes back inside with bearish candle (it could be momentum or exhaustion) we have to assume exhaustion , so we close all our ...

Bollinger bands + 50 EMA

I think I made a mistake with the name, I limited to 50 ema. We can add more moving averages later on to determine exhaustion, momentum, rejection(for entries) and so on.

Bollinger bands + 50 EMA

Tnx for the feedback. As I said its not a final decision on how to trade this idea. I want to get feedback and new ideas like the one you presented. I took alot of reentry trades when I did the simulator test. This creates alot of potential risk. So ...

Bollinger bands + 50 EMA

All in all the predictions went minus around 450 pips , plus around 750 pips in total( not all at same time) At the end we ended up with around 230 pips in plus territory.

Weekly predictions

went minus 30 pips than plus 100 pips ended up around plus 30 pips

Weekly predictions

went minus about 84 pips than went plus about 158 pips ended up with 100 pips.

Weekly predictions

went up and down about 50 pips ended up with minus -6 pips

Weekly predictions

Went minus 200 pips than went plus 100 pips ended up with plus 50 pips approximately.

Weekly predictions

Eurjpy went down about 126 pips than ended up about 20 pips minus from when I originally posted.

Weekly predictions