Experts: Surfing - 2 EMA strategy
In the code your RSI do not follow.
BUY >> RSI > 40
SELL>> RSI < 65
Maybe you should add that in the parameters with some defaults
Have you ever tested for time ranges ?
In the strategy tester metatrader4 it starts opening trades and doesn't stop... I used "every tick" backtest, it looks to work "only open price" method. I think I should add some lines to the code and check that the bar is closed and new bar is opened.
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Surfing - 2 EMA strategy:
This is a pretty simple startegy that follows trend. Recommended time frams is D1. when close price brakes up the EMA build based on high prices given that RSI is above 55 and RSI is above its Moving average - we buy. when close price brakes down the EMA build based on low prices given that RSI is below 45 and RSI is below its moving average - we sell. system closes previose trade if there is opposite signal system uses take profit and stop loss as well as trailing stop
Author: steigein