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18:35
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Originally posted by Trunky:
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Hi 5Speed,I am in QLD enjoying this day off. Thanks to Her I have some time to write about the thanks I must give to you. I have written a bot which uses the MA_9 and MA_21 cross over as a trigger point.That's the easy bit. To try and stop false signals there is a test of the distance (in points) between the MA_9 and MA_50 and this distance is based on the previous days High and Low. There is a trailing stop algorithm as well.Back testing has proved successful, yet so has every other program I've written over the last three years, but none has worked in real life for any sustained period. Anyway, this one has been live for three weeks now and we are 95 points in profitfrom 22 trades. I'm running MT4 on a CFD Broker's platform.I am still finding the most difficult part is not interfering with the trades, i.e. closing too early for fear of losing out. Must try and let the mathematics do the job and only check on Saturday mornings !Thanks again for all the insights regarding the Moving averages, gaps, and support/resistance levels. This is not trading advice and I am not licensed for anything.
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Good luck with MA x , its been tested to death by smarter and more resourced people than us , it will not stand the test of time . You will work that out eventually . Out of interest what is the sample size of your backtest ? Have you tested out of sample ? Did you curve fit to a set amount of data ? MA's are very lagging therefore not terribly effective trading signals , all in my opinion of course .
(20min delay)