EMA cross
We have seen many strategies involving SMAs and EMAs crossing. This is one of those strategies. Try it and share result
The good or ill of a man lies within his own will. – Epictetus
pretty simple EA but effective in perfect trendy conditions which happen rarely. Codes from these simple EAs can be copied to make a better EA. Just EMA cross is not enough to beat tricky market. Addition of more technical indicators is very necessary to make it effective.
Most of the EAs work only in trendy conditions.
EMAs are used to identify trends which makes them one of widely used indicators. I agree that addition of more indicators may make it better but this is how author made it.
The good or ill of a man lies within his own will. – Epictetus
Here is the advance version of this EA. I found it in my EA collection.
Thats great. Thankyou sasha for sharing latest version.
Stick to your rules
Thankyou both of u.
I will try to test these EAs. Even though they look pretty simple if they use cross of two EMAs only but backtesting will tell how good they are.
Nice sharing.
Has anyone tested it yet?