I found a good and simple strategy to make profit trade by using 2 MA cross and wait for pullback break.
This strategy using : 50 EMA close , 200 EMA close , when these EMA cross-over , wait for the pullback and trading.
This strategy is publish by StoneHeart >>
Mod edit: Link removed. Please follow the forum rules, upload files & pictures/examples to your post.
The rule is :
1. EMA 50 cross EMA 200
2. Wait for the first pullback after cross
3. Trade when price break the highest point before pullback (as image)
4. Stoploss: last swing low/high or long moving average.
5. Take profit: r:r 1:1 or more.
About no 1 , I found the MA cross alert indicator.
About no 2 , I still don't know how to detect it by code.
I share it and we could discuss and maybe someone could find the way to make an EA about this strategy .
