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capam
19 Th10 2020 20:02

Triple EMA Scalper low lag strat 

Euro Fx/U.S. DollarFXCM

Mô tả

Hi all,

This strategy is based on the Amazing scalper for majors with risk management by SoftKill21
tradingview.com/script/xK5UA23y-Amazing-scalper-for-majors-with-risk-management/

The change is in lines 11-20 where the sma's are replaced with Triple ema's to
lower the lag.

The original author is SoftKill21. His explanation is repeated below:

Best suited for 1M time frame and majors currency pairs.
Note that I tried it at 3M time frame.

Its made of :


Ema ( exponential moving average ) , long period 25
Ema ( exponential moving average ) Predictive, long period 50,
Ema ( exponential moving average ) Predictive, long period 100

Risk management , risking % of equity per trade using stop loss and take profits levels.


Long Entry:

When the Ema 25 cross up through the 50 Ema and 100 EMA . and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)


Short Entry:

When the Ema 25 cross down through the 50 Ema and 100 EMA , and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)


Exit:

TargetPrice: 5-10 pips

Stop loss: 9-12 pips
Bình luận
capam
I recently came across some discussions regarding the trailing stoploss used by TV.
There are bugs in it and it produces ridiculously high profit and % profit results.
Please see for discussions:

backtest-rookies.com/2018/06/08/tradingview-trailing-stop-mechanics-beware-version-3/?fbclid=IwAR0I9R490bImjme5FXZdxygPFuGxYNSFNSlzUawK-RA6HYsw2PPeHLYEc60#:~:text=trail_points%20(float)%20An%20optional%20parameter,amount%20of%20profit
and
Pinescript v4 - The Holy Grail (Trailing Stop) - tradingview.com/script/Mc2wPUg2-Pinescript-v4-The-Holy-Grail-Trailing-Stop/

The basic issue is that the backtest data only stores OHLC per bar and not the tick data.
To perform realistic backtesting one needs tick data.

Apologies to all.
nicoogarciaph
what tf do you recomend using it brother?
EduardoRosano
Could you please include in the script the asian session? Thanks
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