Hi.
I started out drawing an EMA. I added a second one and then I created a strategy that buys and sells when the EMA's are crossing.
Trying out this strategy on many markets showed me around a 30% profit, I think I should be able to do better then that. Can I?
A lot of the trades were being made during times where the marked wasn't moving around a lot (but the EMA's kept crossing), so I wanted to filter these out.
I had read that If you create a Bollinger Band and a Keltner Channel, those two may form a "Squeeze" to indicate when the marked is changing or staying the same, so I implemented those too.
Now I've set the strategy to only buy when the market is changing and when it's upwards and to sell whenever it goes downwards (EMA's crossing).
How am I doing on this, it being my first trading stragy/algorithm/indicators?
Any comments and advice are welcome.
I started out drawing an EMA. I added a second one and then I created a strategy that buys and sells when the EMA's are crossing.
Trying out this strategy on many markets showed me around a 30% profit, I think I should be able to do better then that. Can I?
A lot of the trades were being made during times where the marked wasn't moving around a lot (but the EMA's kept crossing), so I wanted to filter these out.
I had read that If you create a Bollinger Band and a Keltner Channel, those two may form a "Squeeze" to indicate when the marked is changing or staying the same, so I implemented those too.
Now I've set the strategy to only buy when the market is changing and when it's upwards and to sell whenever it goes downwards (EMA's crossing).
How am I doing on this, it being my first trading stragy/algorithm/indicators?
Any comments and advice are welcome.