Ojala EA - page 2

 

indicator update!

Sorry !

The indicator updated!

Files:
emaosma.mq4  4 kb
 
kamyar:

سلام محمد

i have downloaded your EA. the results sound fantastic,but u know that most of the EA's work well in backtesting.so it would be very aperciated if u would clarify the strategy that the EA based on it.

tanx for sharing

kamyar

Salam kamya,

Thanks for downloading the EA (Note: the indicator has been updated).

The EA based on a very simple idea

It buys when the EMAosMA cross down to up the zero line.

It sells when the EMAosMA cross up to down the zero line.

Where the EMAosMA is:

The Exponential moving average of the osMA (Moving Average of oscillator).

 

Hi

I did 2006 back testing it give better result on daily TF wht Target Profit of 50.

 

Use this template to visually see the idea!

Files:
ojala.zip  48 kb
 

سلام محم

Thank you Mohammad.

Isn't too simple.

Regards,

SFX

 
kumawat:
Hi I did 2006 back testing it give better result on daily TF wht Target Profit of 50.

Hello kumawat,

Thanks for you test!

I'm using this EA in 100USD demo account, So I prefer to use M15 to get some dollars and run . What do you think?

 
Shahzadfx:
سلام محم

Thank you Mohammad.

Isn't too simple.

Regards,

SFX

Salam Shahzadfx,

Isn't the simple the best ?

Coders guru teached us that with the EMA CROSS!

Did you see how much profit the EMA CROSS make?

Regards,

Mohammed

 

Mohammad,

I want to ask you one question

suppose i am running on Daily TF and one trade opned and closed by EA but still day bar not finished. Wheteh EA will open again trade on same day as per LOOP.

 
kumawat:
Mohammad,

I want to ask you one question

suppose i am running on Daily TF and one trade opned and closed by EA but still day bar not finished. Wheteh EA will open again trade on same day as per LOOP.

kumawat,

Unfortunately, Yes! (if the conditions of openning new trade have been met)

 

Mohmmad,

Correct me if i am wrong, i think condtion/ calculation of Daily TF chane only one time eithr opening or closing of ban not in between the bar.

i think if in morning if you had buy trade whole day will open only buy trade when ever there is no trade in open orders.