Codezilla
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Hey fellow soldiers. Well here is the EA system this journal will be following. It will be trading on the 5 minute EUR/USD chart using Metatrader 4.
* Stochastic-MACD Double Crossover
- Entry
o Long: Bullish Stochastic and MACD crossover within last 4 candles with
the Stochastic always being the first to crossover and the Stochastic
below 50 (Stochastic and MACD may also crossover simultaneously).
o Short: Bearish Stochastic and MACD crossover within last 4 candles
with the Stochastic always being the first to crossover and the
Stochastic below 50 (Stochastic and MACD may also crossover
simultaneously).
- Exit
o Long: Stochastic is above 80 or MACD bearish crossover.
o Short: Stochastic is below 20 or MACD bullish crossover.
I will post the system's activity daily if I can. I welcome your comments and ideas.
* Stochastic-MACD Double Crossover
- Entry
o Long: Bullish Stochastic and MACD crossover within last 4 candles with
the Stochastic always being the first to crossover and the Stochastic
below 50 (Stochastic and MACD may also crossover simultaneously).
o Short: Bearish Stochastic and MACD crossover within last 4 candles
with the Stochastic always being the first to crossover and the
Stochastic below 50 (Stochastic and MACD may also crossover
simultaneously).
- Exit
o Long: Stochastic is above 80 or MACD bearish crossover.
o Short: Stochastic is below 20 or MACD bullish crossover.
I will post the system's activity daily if I can. I welcome your comments and ideas.