EMA5CROSSOVER7VER_march_17

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Hello, fellow community members. This is a very simple strategy that looks for a crossover of 5 periods EMA applied to closing price over 7 periods EMA applied to closing price. One other filter that I have added to filter out noise is 34 EMA applied to closing price. When the price is trading above 34 EMA and the 5 period EMA crosses the 7 period EMA from below to upside, a buy is placed at the market on the closing of the candle. if the number of open positions is 0. And if the price is trading below 34 EMA and the 5 period EMA crosses the 7 period EMA from above to the below side then a sell is placed at the market on the closing of the candle if the number of positions opened is 0. The trading time frame is 5 minutes, the currency pair is EURUSD, amount to trade is 5 million, stop loss is 300 pips and take profit is 10 pips.
Version: Date: Status: Description:
1 01.03.2017 Comp. error EMA5CROSSOVER7VER_march_17  Download
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