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Simple Strategy for everyone:
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Chart System I used:
https://www.tradingview.com/

Chart Setup:
Simple strategy with MA (12,close) / AO / Stoch (12,3,3) 

Time Frames:
5M Chart
10-15M Expiry

Rules:
------------
SHORT:
1. Moving average MA (green color line) must pass through the body of the candle and be above the next candle
2. Awesome Oscillator indicate their movement to the level of 0
3. Stochastic at the overbought zone (70 to 100) with down direction
4. When all three signals coincided, we buy an option for long with expiration time 2-3 candles (10 - 15 minutes).


LONG:
1. Moving average MA (green color line) must pass through the body of the candle and be under the next candle
2. Awesome Oscillator indicate their movement to the level 0
3. Stochastic at the oversold zone (0 to 30) with up direction
3. When all three signals coincided, we buy the option expiry time above with 2-3 candles (10 - 15 minutes).

Feed backs & Results Welcomed!

Let us talk a little about Moving Averages before getting to discuss about the trading strategy. A widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations. A moving average (noted MA) it is a trend following indicator, or also known as lagging indicator. It is one of the most known and used indicator among technical analysts and not only.

There are many types of moving averages, but the most used are the simple moving average (SMA), which is actually the simple average of a security price (which could be open/high/low/close) over a defined number of time periods, and the exponential moving average (EMA), which gives bigger weight to more recent prices. The most common applications of MAs are to identify the trend direction and to determine support and resistance levels. While MAs are useful enough on their own, they also form the basis for other indicators such as the Moving Average Convergence Divergence (MACD).

Now that all the terms are clear let us talk a little bit about the trading strategy. The system is based on a moving average (it doesn’t matter if it is SMA, EMA, WEMA, etc) which proved that acts like a very good mobile support and resistance. I could suggest here to try combinations around these number of periods: 7, 21, 30, 50, 100, and 200.

Once you have found a moving average that works best on a certain instrument (all instruments require fine tuning for Mas, meaning that a 200 EMA will not work as well on EURUSD and NZDUSD), you will just have to hunt for candlestick patterns which emerge around the moving average.

Let us take the following examples:

1. In the first example I have put a 200 periods EMA on the 60 minutes chart of the EUR/USD. The price has clearly broke the EMA and dropped to 1.3585. Here the demand grew for the Euro and pushed the price back to the EMA where we can see that a Shooting Star has been drawn. This is usually an important signal. Taking into consideration this setup a Short positions should have been taken at the opening of the next candle. The Stop Loss should have been set above the Candlestick Pattern and the Take Profit somewhere near the demand area. Of course with good position management the profit could have been even bigger.

http://mt4talk.com/img/m/5942/t/p1ar3u4rti9mv189c156tg368g13.png

2. In the second example I have used the same 200 EMA but as for support. A Bullish Engulfing has emerged right at the mobile support. The entry should have been on the opening of the third candle (to assure the fact that we have a candlestick pattern). The Stop Loss should have been set under the pattern and EMA, while the Take Profit could have been set at the closest supply area.


3. The third example is made on a 24 EMA of the closing price for the AUD/USD on a daily chart. After I have convinced myself that this is the proper moving average to use in this conditions I have started to look for candlestick pattern. As you can see on this chart I first encountered a Morning Star pattern which tested the EMA as a support. After a confirmed breakout under this moving average, a Bearish Engulfing signaled correctly a down move. Entries, Stops and Take Profits for the long trade example here are set like in the 1 and 2 examples, while for the short trade I have used a money management target, because I did not have any good support level.


Friendly Recommendation
This is a very simple strategy that can be used quickly. I would though recommend to test it on demo accounts and practice intense for better understanding. The moving averages that you will use in your trading should be tuned to offer better results and the candlestick pattern should meet the theoretical characteristics for higher probability of success.

Do not forget to use money management along with this relatively simple trading strategy. Stop Losses are required for protecting your account in case of losing trades. Do not underestimate the market, even though the probability might be in favor of the trader when using this strategy, it might happen to catch a false signal and find yourself in a losing trade.

And do not forget to trade what you see and not what you think you see!

143

(5 replies, posted in Upload & Download Forex Indicators)

Binary Options Trading System With Moving Averages
Moving averages are lagging indicators that can be used to determine buy CALL/buy PUT trend bias. Price below the moving average suggests bearish bias. On the contrary, price above the moving average suggests bullish bias. This binary system is composed of an exponential moving average, a short-term moving average cross-over system with overbought (0.75) – oversold (0.15) oscillator readings to pinpoint entry signals.
Chart Setup
Binary Indicators: 100 period Exponential Moving Average, EMA-Crossover_Signal_BO,   BOlaguerre ( settings: gamma 0.57)
Time Frame: 5 min and above
Trading sessions: Any
Tradable Assets
Currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, EUR/JPY, GBP/JPY
Commodities: Gold, Silver
Trading Rules
Buy CALL Option:
Here are the steps to execute buy Call using the moving averages system:
•    Price above the 100 period Exponential Moving Average (bullish trend)
•    Wait for the EMA-Crossover_Signal_BO GREEN arrow
•    BOlaquerre rises back above 0.15 from below (oversold)
•    Buy Call Option at the open of the next bar
Buy PUT Option:
Here are the steps to execute buy Put using the moving averages system:
•    Price below the 100 period Exponential Moving Average (bearish trend)
•    Wait for the EMA-Crossover_Signal_BO RED arrow
•    BOlaquerre falls back below 0.75 from above (overbought)
•    Buy Put Option at the open of the next bar
Expiry Time:
At least 4 candlesticks. Some examples:
•    5 Min chart: 20 min expiry.
•    Hourly chart: 240 min expiry.
As with everything, please experiment with the expiry time settings to find out what works best for your trading style.

The K R I indicator is a simple yet powerful Vertex F X client-side indicator that is based on Moving Averages.

It first calculate the Moving Average Envelope over the K R I Period of the High if MODE is 1, and  period of the Low if the MODE is set to 2.

In the second step, It calculate the K R I, which is ratio of difference between the current price and the Moving Average envelope, divided by the Moving Average envelope. This value is then expressed as percentage.

When the indicator value is above zero, it implies bullish trend, and traders can initiate LONG positions. When the indicator has peaked out above zero and is gradually falling, traders should exit their LONG positions.

When the indicator value is below zero, it implies bearish trend, and traders can initiate SHORT positions. When the indicator has bottomed out below zero and is gradually rising, traders should exit their SHORT positions.

It’s always advised to use any E A or Indicator on Demo account first and use it on live account after confirmation of the desired results of the E A or Indicator.

http://www.hybrid-solutions.com/plugins … e/kri.html

The X Trail 2 script is a VertexFX client side script that scans trade conditions based on two Moving Averages, typically a fast Moving Average and a slow Moving Average. It only provides ALERT message to the user, it DOES NOT open or close trades.

The concept behind the X Trail 2 script is that the combination of a fast Moving Average and a slow Moving Average identifies trending markets, especially fast breakouts. It scans for trading opportunities every Run_Interval seconds, and alerts the user when a BUY or a SELL criteria is met.

The fast Moving Average responds to price quicker than the slow Moving Average. When the market transitions from a sideways movement to a breakout (either bullish or bearish), the fast Moving Average crosses in the slow Moving Average in the direction of the breakout. If this cross is sustained on the next bar, a Bullish or Bearish criteria is confirmed and the script generates a BUY or SELL alert respectively.

A BUY  alert is generated when the fast Moving Average of the current candle is above its slow Moving Average, AND, the fast Moving Average of the previous candle is also above its slow Moving Average, AND, the fast Moving Average two candles ago is below its slow Moving Average of two candles ago.
In other words, the fast Moving Average has crossed above the slow Moving Average on the previous candle and is continuing its uptrend. This implies that the price has exhibited a bullish breakout recently, and is a potential for BUY trade.

A SELL alert is generated when the fast Moving Average of the current candle is below its slow Moving Average, AND, the fast Moving Average of the previous candle is also belwo its slow Moving Average, AND, the fast Moving Average two candles ago is above its slow Moving Average of two candles ago.
In other words, the fast Moving Average has crossed below the slow Moving Average on the previous candle and is continuing its downtrend. This implies that the price has exhibited a bearish breakout recently, and is a potential for SELL trade.

http://www.hybrid-solutions.com/plugins … ail-2.html

Moving average is used for trend  detection.
in fact, i can't see where your EA anywhere

I really don't belive in this kind of backtest results. Impossible in practice to obtain this result.


losex wrote:

The Expert Advisor determines buy and sell based on Moving Averages, it also uses ADX and RSI.
its is very useful EA.
Test result
https://c.mql5.com/18/30/results1.png

https://c.mql5.com/18/30/results2.png

148

(2 replies, posted in Upload & Download Forex Indicators)

Moving average is a favorite because it is the basic indicator.
We look at the trend by using along with the MACD.

Useful tips for the 12 trading Forex.
1. Learn the basics
2. You will not get rich in an instant. Experience makes you rich
3. Experts joke
4. Analyze yourself
5. Masters Legend Demo
6. Eliminate the tendency to lose early.
7. Follow the majority
8. Follow your way.
9. Make it as easy to trade.
10. Trading just a single penny
11. Trading Time Frame only
12. Graph clean
We can see how the pros are mostly trading with graphs Indicators clean, although there are some, but not much, maybe just a Moving Average candlestick signal. Line resistance just basic stuff that I just did not do it, then you do before you come down in full. Learn the basics or the

for long term and good signals there must be ea with rsi or moving average croosings... there are not so much false trading signals if you use H! or Daily charts...

for 1min 5min or 15min charts it is not usefull this eas... because of much false trading signals ...

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