Thread: Step MA 1min system

Hello associates. I only developed this system that was 1 minute and thought I'd discuss it.

Pair:
EUR/USD

Time Frame: 1M

Indiors:
Step MA v7 - default with measure set to 20 width set to 1
Heiken i - default with color set to red/dodger blue breadth set to 1
Stochastic Oscillator - set to 14,3,3 with 20/80 levels only using the main line

Stop Loss: 20 pips including spread

Take Profit: 20 pips later spread

Trade signal: On the closing of a candle

Rules:

Extended - open a contract when the measure ma turns from red to blue, stoch signal line closes at or above the 80 level, and heiken ashi candle is blue

Brief - open a contract when the measure ma turns from blue to red,
stoch signal line closes at or below the 20 level, and heiken ashi candle is reddish

MM: I am using a step up and down at the contract size for the money mangement. The contract size increases after a loss by 1 and reduction after a win by 1.

Notice: Stay at the trade until either the t/p or s/l is struck and then look for the next signal.

Daily target: up for you but I will shoot for 20 pips net a day.
https://www.forexforum.co.za/attachm...541213499535.2
https://www.forexforum.co.za/attachm...5599242562.tpl

Here is a pic of this system.

How long have you been testing this system? Thank you for sharing with us!

Originally Posted by ;

Just how long have you been analyzing this system? Thanks for sharing with us all!

Just came up with it last night. 16 trades using a 50% hit rate with maximum of 3 losses and wins.

Change stoch configurations from the 1st post.

Yes Booked 25 PIP along with your new system

Go long when the stochs are overbought?

And go short when the stochs are already oversold?

The single example worked great since there was a powerful tendency, in ranging markets I think this egy is a disaster - you would be always going long at the top of a move and brief in the bottom of the move

Needs some tweaking IMHO

Andy

What's the Step MA setup?

Originally Posted by ;

Proceed if the stochs are already overbought?

And go short when the stochs are already oversold?

The only example worked great since there was a powerful trend, in ranging markets that I think this egy is a disaster - you'd be always going long at the peak of a move and brief in the base of the move

Needs some tweaking IMHO

Andy

Andy,

you're most likely correct. The M5 interval is going to be better. I will try this to see whether it's better shooting 20 pips with trades. Thanks for you comments. So stochs, you trade on the change of color change and the measure ma of the candle and only can eliminate it. Lcfx

Originally Posted by ;

Andy,

you are likely correct. The M5 timeframe will be better. I will try this to see whether it capturing 20 pips with trades. Thank you for you comments. So stochs, you can eliminate it and simply trade on the colour change of the step ma and colour change of the candle. Lcfx

rather than moving up a timeframe, consider moving out a decimal loion. Search for brokers that deal in 1/10ths of a pip.