sma13ema3v1 is a visuel jforex version of my strategy sma7ema5 it's
based on relative position of Simple moving average (13) et
exponential moving average (3) with stop is fixed at 40 pip and 24
PIP
as tp , My strategy works on eurusd ,and on thirty minutes period,
the
indicators used in this strategy are : - exponential moving average
(Time period :3) applied on (MEDIAN_BID_PRICE) and the variable used
in script (ema3) - Simple moving average (Time period:13) applied on
(MEDIAN_BID_PRICE) and the variable used in script (sma13)....... The
script of the strategy use onCandel ; with the opening of each new
Candel ; relative position of (ema 3) and ( sma 13) decides what
position will be opened. Shorts : when the ema(3) is below the it
means difference (diff1 = sma13-ema 3) is positive and less than 24
PIP then it is a short position at market price . Stop Loss is 40
pips
above Open of the last bar closed (the stop is fixed) . Take Profil
is
24 pips below the Close of the last bar closed . long : when the
ema(3) is above the it means the difference (diff = ema3-sma 13) is
positive and less than 24 PIP then we have a purchase order at market
price . Stop Loss is 40 pips below Open of the last bar closed (the
stop is fixed) and Take Profil is 24 pips above the Close of the last
bar closed . the volume is fixed at 5.000M and is to review after
evaluating the results of the strategy in different market situations
The ratio (TP /Stop ) and the percentage of winning positions are key
to the success of this strategy