F-Forex, Diary of a quant forex trader

Emas cross 21 – 200 TP modification.

In prior versions of the emas cross robot we were using a 20 pips of stop loss and a 20 pips to take profits as well.

lets now make a new version changing the TP variable from 20 to 30, this way we risk 20 pips on each trade (same as we were doing before) but we increase our profit potential to 30.

as a disadvantage we have that in a certain trade the market can get the 20 pips but maybe can’t do it with the 30, so it will reverse and end with a loss. the only way to know it is testing the strategy.

here the results of the first 7 months of 2010:

Emas Cross 21 – 200 with a TP of 30 pips

As we can see this is the best operator we have until now working in a 24 hours environment in the euro dollar market.

Tags: automatic trading, ema, emas, eur-usd, expert advisor, moving averages cross, mql4, strategy tester

21 crossing 200 EMA 24 hours trading robot

the first robot trading the 21 with the 200 ema cross was successful trading in the US session. The obvious question is how the same program will perform trading 24 hours a day.

Emas Cross 21 – 200 Running 24 hours

2010 historical tests:

January 74.54
February 169.79
March 157.25
April -7.36
May 68.80
June 184.57

——————————–
578.79

Results are impressive, but there was a mont5h with losses (april), small ones but losses.  in this case the robot should run 24 hours a day as it makes more money than in the US session only.

Tags: 200 ema, 21 ema, 24 hours trading, automatic trading, ema cross, eur-usd

EMAs Cross Robotic Trading

This is an edge i was always trying to use when i was trading manually.  Without the discipline problems this robot will just execute a trade when the 21 EMA Cross the 200 EMA up or down side.
At the same time the EA opens a SL and a TP of 20 pips and it stays in the market until one of the 2 gets executed.

Emas Cross 21 – 200

Here is a nice image of what the robot can do in action, simple but effective:

Lets see how he can do it in the strategy tester, for the US session, euro-dollar market:

January 35.84
February 50.99
March 78.93
April 17.14
May 92.30
June 95.00

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370.2

this is great, even if it doesn’t look as much earnings this program made profits every month, it never had a month with losses.
Risk seems small too i will have to learn how to calculate risk.
I will make some tweaks to this program, i will also test it 24 hours. i am seeing in the internet that there is the possibility to have dedicated windows hosting for mql to don’t rely on my own internet connection and local problems so the 24 hours trading is still a possibility.

I am glad to see some light at the end of the tunnel and have something that can really work, i think i am in the right path.

Tags: 200 ema, 21 ema, automatic trading, ema cross, eur-usd, mql

21 Ema Crossing 55 Ema

Continue with my research of the odd of the EMA crosses, here i am making a trade when the 21 ema cross the 55 ema in what it can be indicating the end of a short time trend to the upside.

Getting in  short at 9:21 am EST:

1 h later the market looks like in flag formation, the 21 ema is now about to cross the 200 ema, this is another signal to the side of my trade:

Market fails to trade lower at this point, the SL of -30 is hitted:

Tags: 21 ema, 55 ema, ema cross, eur-usd, failed

Ema Cross, 55 crossing 200

11:22  am EST, gettinjg i nthe market long for 55 ema crossing 200 ema:

The pattern fails and the trade ends at -30 pips stop loss.  2:37 pm EST.

Tags: 200 ema, 55 ema, ema cross, eur-usd, fail, failed

First automatic trades in the euro

Here some images and info about how the robot works in real time trading.

Early in the US session the robot get in the market short side.

The market hit the stop loss, the trader is losing 20 right now. At the same time of the loss the robot open another trade as criteria is still there (ma 31 – ma 11 >= 18).

A new loss of 20 (stop loss) and a new entry as criteria still present:

Here is a program bug, i think that the robot should not wait until the stop loss is hitted to get out of the market, it haves to react if the criteria ends in the middle of the trade.
in the next image the robot exit the trade and don’t open a new one as criteria is not present anymore:

3 bad trades in a row made by the robot, lets test it tomorrow as it is.

Tags: automatic trading, eur-usd, moving averages difference, robot trading

First Auto trade

The first robot i will be testing is the one i call “11 – 31 Moving Averages Difference”, it is a very basic expert advisor for mql but i will help me to start to see how all this work.

Please check the trades i am making with this robot and the variables used in here:  http://fforex.me/robots/11-31-moving-averages-difference/

Let’s see how it works with some images, here the robot makes an entry in the short side.
Please note that at this time that the difference between the 11 and the 31 moving averages is equal or more than 18 pips. This gives the robot criteria to open a short order.
The robot simple obey and open the trade:

Here you can see the market trading very close to the TP line of 20 pips but without hitting it:

The market bounce up, robot was very close to profits but now we are facing losses. The robot idea is no intervention so i am just spectating totally outside:

SL is finally hitted, the trade ends with -20.90 pips.

Even with a loss, i learned a lot from this trade and i liked this EA. It was so close to profits that i am sure this robot can win sometimes, i like the criteria the robot haves and it is a great start to make bigger things.

Remember to check how the robot is doing here:

http://fforex.me/robots/11-31-moving-averages-difference/

Tags: automatic trading, criteria, ea, eur-usd, expert advisor, moving averages difference, mql

21 Ema Pullback

The pullback to the 21 ema is not a very strong signal as it can be the 55, 200 or a cross.
However the market is really quiet today so this can be a chance for traders to make some money.

i am getting in then:

After just a bit the market climbs, i am hanging to see if it haves more room:

As the market slows down and momentum decrease i get out of the trade with an earning of 21.7 pips.

this exit was just intuitive, it will be good if i can get this same exit results using short term moving averages.

Tags: 21 ema, eur-usd, pullback

Emas Cross trade

during a bottom reversal i have 2 points of entry that can be profitable using my EMAs.
at this point the reversal is totally confirmed, chances of success are high.

first is when the 21 EMA cross the 200 EMA, when that happens i have an entry:

the market reach a 30 pips TP limit:

a new entry is made when the 55 EMA is crossing the 200 EMA:

The trade gets into winner territory but it looks like loosing strenght to reach 30 pips so i am getting out, earning 15 pips for a total of 45 pips between the 2 trades.

Remember this pattern, i will call it EMAs cross and i will soon be studying its real possibilities using a robot.

Tags: 200 ema, 21 ema, 55 ema, ema cross, eur-usd

Trade open to long – bad strategy

Here is a good demonstration of a trade to long, starting in the early US and ending in Tokyo, as a conslusion i have to clean all trades before 5 pm EST when trading the normal US session.

The entry was good, tried to catch relief rally i nthe 55 ema and continue the downside move.

Main problem was that the volume was very little as we are in the “summer wind”, lot of traders are not in the markets.

Anyways, here is the entry:

Had some profits here, didnt toke them:

I had the chance of getting out with a small loss of 10 pips before the tokyo open, the loser trade was a fact.

At the end my SL is hited at japan open, loosing 30 pips.

Rule: If i start trading in the US session as usual, no trade can’t be open after the 5 pm EST.

Tags: 55 ema, eur-usd, relief rally, small loss, strategy, tokyo