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Double Crossover system

Discussion in 'Forex Trading Systems and Strategies' started by Codezilla, Nov 9, 2008.

  1. Codezilla

    Codezilla Private

    Nov 8, 2008
    Likes Received:
    So I wrote an EA that will detect a Stochastic crossover followed by a MACD crossover within 3 to 4 candles. I've done some historical chart research on this and it has shown pretty good results. Additional conditions are:


    - Stochastic must be below 50
    - Exit when Stochastic reaches 80 OR bearish MACD crossover occurs


    - Stochastic must be above 50
    - Exit when Stochastic reaches 20 OR bullish MACD crossover occurs

    I ran the strategy tester on this EA and it showed that 65.14% of the trades were profitable. We'll see. I'll keep you guys posted on this.

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