一个简单的系统(在 ES Trader 的帮助下 - 另一个简单的系统) (An Easy System (With the help of ES Trad)
I must say that the concept of this system is taken from ES Trader's "Another Simple System" Thread.
http://www.forexfactory.com/showthread.php?t=239951
The Indicators:
Bull and Bear Indicator
Damiani Indicator
The Look-Outs:
1. Trade only when the Damiani Indicator shows a "Trade"
2. Using the Bull and Bear values, if the Bull ABSOLUTE value is larger than the Bear ABSOLUTE value = Long Position. The opposition for a Short Position. (refer to NOTE for a better understanding)
3. After the first "cross-over", you can continue to look for subsequent trades in the same direction as long as the Damiani Indicator still shows a "Trade". But this part gets a little tricky. For example, (long position) calculate Difference between the Bull value and the Bear Value, make sure the difference is greater than the previous candlestick then make the entry. The opposite for a short position.
Money Management:
I have been using a 20pip TP and the SL is the highest point of the last 2 candlesticks.
NOTE: sometimes, the values in the Bull and Bear will have a negative sign in front of them, simply IGNORE the negative sign and use the absolute value in the calculation. For example, Bull is 0.00164 and Bear is -0.00701, it will be a SHORT position and the Difference is calculated as 0.00701 - 0.00164 = 0.00537.
I'm currently testing on GBP/USD H1. If there is anyone out there who is able to come up with an EA, it would be very much appreciated and a more detailed backtesting can be done.
http://www.forexfactory.com/showthread.php?t=239951
The Indicators:
Bull and Bear Indicator
Damiani Indicator
The Look-Outs:
1. Trade only when the Damiani Indicator shows a "Trade"
2. Using the Bull and Bear values, if the Bull ABSOLUTE value is larger than the Bear ABSOLUTE value = Long Position. The opposition for a Short Position. (refer to NOTE for a better understanding)
3. After the first "cross-over", you can continue to look for subsequent trades in the same direction as long as the Damiani Indicator still shows a "Trade". But this part gets a little tricky. For example, (long position) calculate Difference between the Bull value and the Bear Value, make sure the difference is greater than the previous candlestick then make the entry. The opposite for a short position.
Money Management:
I have been using a 20pip TP and the SL is the highest point of the last 2 candlesticks.
NOTE: sometimes, the values in the Bull and Bear will have a negative sign in front of them, simply IGNORE the negative sign and use the absolute value in the calculation. For example, Bull is 0.00164 and Bear is -0.00701, it will be a SHORT position and the Difference is calculated as 0.00701 - 0.00164 = 0.00537.
I'm currently testing on GBP/USD H1. If there is anyone out there who is able to come up with an EA, it would be very much appreciated and a more detailed backtesting can be done.
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