1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Double Crossover system

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

  1. Codezilla

    Codezilla Private

    Joined:
    Nov 8, 2008
    Messages:
    18
    Likes Received:
    0
    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:

    Long:

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

    Short:

    - 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.
     

Share This Page