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I say best of all because running a back-test as I reviewed earlier lets us see, at least from a historic perspective, what the weakest link in the armor is.
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-----------------------------------PLEASE DO NOT REMOVE THIS HEADER-------------------------------------- [[ Name : EMA 5 and 34 Cross Trading System Author : freshfx Link : Coded_by_FXFisherman_ZeroCode_fxfisherman Lots : 1 Stop Loss : 30 Take Profit : 999 Trailing Stop : 30 ]] defines: Slippage(3); defines: ; var: cnt(0),IsBuying(False),IsSelling(False),IsClosing(False),RealTP(0),RealSL(0); var: ma1_1(0),ma1_0(0),ma2_1(0),ma2_0(0); Check for invalid bars and takeprofit If Bars forex european market IsSelling (ma1_1 ma2_1) and (ma1_0 0 then If (Bid-OrderValue(cnt,VAL_OPENPRICE))(PointTrailingStop) then If OrderValue(cnt,VAL_STOPLOSS) 0 then If (OrderValue(cnt,VAL_OPENPRICE)-Ask)(PointTrailingStop) then If OrderValue(cnt,VAL_STOPLOSS)0 or OrderValue(cnt,VAL_STOPLOSS)(AskPointTrailingStop) then ModifyOrder(OrderValue(cnt,VAL_TICKET),OrderValue(cnt,VAL_OPENPRICE), AskPointTrailingStop,OrderValue(cnt,VAL_TAKEPROFIT),Red); ; ; ; ; ; ; If there is no open trade If TotalTrades 0 then RealSLAsk-StopLossPoint; If TakeProfit0 then RealTPAskTakeProfitPoint; SetOrder(OP_BUY,Lots,Ask, Slippage,RealSL,RealTP,RED); Alert("EMA 5 and 34 Cross Trading System: Buying"); ; Check for SELL entry signal If IsSelling and IsBuyingFalse and Europeam then Sell If StopLoss0 then RealSLBidStopLossPoint; If TakeProfit0 then RealTPBid-TakeProfitPoint; Forex european market Alert("EMA 5 and 34 Cross Trading System: Selling"); ; ; -------------- Coded by FXFisherman ZeroCode v1.
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