Topic: old fashioned MA crossover
Hi all, I`ll skip that I am new here. I spent some days browsing this wonderful forum of M.Popov
The strategy I want to config:
crossover of MA: (best trend i can find is at 30min and hourly timeframes)
(enter Long)=when 7ma(close) crosses 21ma (high) upward
(exit Long)=when 7ma(close) crosses 21ma (low) downward
(enter Short)=when 7ma(close) crosses 21ma (low) downward
(exit Short)=when 7ma(close) crosses 21ma (high) upward image uploaded*
it`s a bit different when made with FSB:
1-there is no way to apply 21ma of high or low prices
2-i noticed that FSB didn`t enter possition every time both fast and slow MA crosses-how i can fix this?
Strategy uploaded*
Market: EURUSD 30 Minutes
Spread in pips: 4
Swap Long in pips: 2
Swap Short in pips: -2
Commission per lot at opening and closing in pips: 0
Slippage in pips: 0
Maximum open lots: 20
Entry lots: 0.5
Adding lots: 0.5
Reducing lots: 0.5
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 1
Tested bars: 7241
Balance: 8764 pips (9764.50 USD)
Minimum account: -814 pips (186.00 USD)
Maximum drawdown: 2428 pips (2427.50 USD)
Time in position: 47 %
A same direction signal - Does nothing
An opposite direction signal - Reverses the position
Permanent Stop Loss - 300
Permanent Take Profit - 700
[Opening Point of the Position]
Bar Closing
Enter the market at the end of the bar
Base price - Close
[Opening Logic Condition]
Moving Averages Crossover
The Fast MA crosses the Slow MA upward
Base price - Close
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 7
Slow MA period - 21
Fast MA shift - 0
Slow MA shift - 0
Use previous bar value - No
[Closing Point of the Position]
Close and Reverse
Close all positions and open a new one in the opposite direction