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	<title type="html"><![CDATA[Forex Software — Trading London Volatility with GBP-  MA crosses , 5/m]]></title>
	<link rel="self" href="https://forexsb.com/forum/feed/atom/topic/1004/" />
	<updated>2009-08-28T02:49:10Z</updated>
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	<id>https://forexsb.com/forum/topic/1004/trading-london-volatility-with-gbp-ma-crosses-5m/</id>
		<entry>
			<title type="html"><![CDATA[Trading London Volatility with GBP-  MA crosses , 5/m]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/2960/#p2960" />
			<content type="html"><![CDATA[<p>Looks like a profitable system !!! Requires some hard discipline to trade it manually though.<br />It is most profitable during the trending markets with high volatility . ( London / NY are ideal) This one is based on London hours.&nbsp; It uses volatility in it favor by entering and exiting quickly at reversing trends.<br />The good thing is that you could be out with some substantial&nbsp; profit within an hour or so.&nbsp; </p><br /><p> 1730 PIPS&nbsp; &nbsp;-&nbsp; &nbsp;in 4 months&nbsp; &nbsp;</p><p>Some additional Suggestions:<br />1. Adjust stop loss to secure minimal profits.<br />2. Could also be used with GBP/JPY .</p><br /><p>Suggestions to Improve&nbsp; this System are Welcomed </p><br /><br /><br /><br /><br /><br /><p>Market: GBPUSD 5 Minutes<br />Spread in pips: 4<br />Swap Long in pips: 1<br />Swap Short in pips: -1<br />Commission per lot at opening and closing in pips: 0<br />Slippage in pips: 0</p><p>Maximum open lots: 1<br />Entry lots: 1<br />Adding lots: 1<br />Reducing lots: 1</p><p>Intrabar scanning: Not accomplished<br />Interpolation method: Pessimistic scenario<br />Ambiguous bars: 0<br />Tested bars: 19984<br />Balance: <strong>1730 pips (11730.00 USD)</strong><br />Minimum account: -70 pips (9930.00 USD)<br />Maximum drawdown: 220 pips (220.00 USD)<br />Time in position: 14 %</p><p><strong>A same direction signal</strong> - <em>Does nothing</em><br /><strong>An opposite direction signal</strong> - <em>Reverses the position</em><br /><strong>Permanent Stop Loss</strong> - <em>-50</em></p><p><strong>[Opening Point of the Position]</strong><br /><strong><span style="color:blue">Bar Opening</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Enter the market at the beginning of the bar</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Open</em></p><p><strong>[Opening Logic Condition]</strong><br /><strong><span style="color:blue">Moving Averages Crossover</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">The Fast MA crosses the Slow MA upward</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Close</em><br />&nbsp; &nbsp; &nbsp;<strong>Fast MA method</strong>&nbsp; -&nbsp; <em>Exponential</em><br />&nbsp; &nbsp; &nbsp;<strong>Slow MA method</strong>&nbsp; -&nbsp; <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Fast MA period</strong>&nbsp; -&nbsp; <em>8</em><br />&nbsp; &nbsp; &nbsp;<strong>Slow MA period</strong>&nbsp; -&nbsp; <em>12</em><br />&nbsp; &nbsp; &nbsp;<strong>Fast MA shift</strong>&nbsp; -&nbsp; <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Slow MA shift</strong>&nbsp; -&nbsp; <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>Yes</em></p><p><strong>[Opening Logic Condition]</strong><br /><strong><span style="color:blue">Entry Time</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Enter the market between the specified hours</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>From hour (incl.)</strong>&nbsp; -&nbsp; <em>8</em><br />&nbsp; &nbsp; &nbsp;<strong>From min (incl.)</strong>&nbsp; -&nbsp; <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Until hour (excl.)</strong>&nbsp; -&nbsp; <em>11</em><br />&nbsp; &nbsp; &nbsp;<strong>Until min( excl.)</strong>&nbsp; -&nbsp; <em>0</em></p><p><strong>[Closing Point of the Position]</strong><br /><strong><span style="color:blue">Bar Closing</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Exit the market at the end of the bar</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Close</em></p><p><strong>[Closing Logic Condition]</strong><br /><strong><span style="color:blue">Moving Averages Crossover</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">The Fast MA crosses the Slow MA upward</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Close</em><br />&nbsp; &nbsp; &nbsp;<strong>Fast MA method</strong>&nbsp; -&nbsp; <em>Exponential</em><br />&nbsp; &nbsp; &nbsp;<strong>Slow MA method</strong>&nbsp; -&nbsp; <em>Simple</em><br />&nbsp; &nbsp; &nbsp;<strong>Fast MA period</strong>&nbsp; -&nbsp; <em>6</em><br />&nbsp; &nbsp; &nbsp;<strong>Slow MA period</strong>&nbsp; -&nbsp; <em>12</em><br />&nbsp; &nbsp; &nbsp;<strong>Fast MA shift</strong>&nbsp; -&nbsp; <em>0</em><br />&nbsp; &nbsp; &nbsp;<strong>Slow MA shift</strong>&nbsp; -&nbsp; <em>1</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>No</em></p>]]></content>
			<author>
				<name><![CDATA[Ismail]]></name>
				<uri>https://forexsb.com/forum/user/1262/</uri>
			</author>
			<updated>2009-08-28T02:49:10Z</updated>
			<id>https://forexsb.com/forum/post/2960/#p2960</id>
		</entry>
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