Triple EMA Corssover EA - VetrexFX VTL script.

TraderEd

Master Trader
May 8, 2014
158
0
72
Hello,

This is converted version of mq4 EA based on EMA cross over. The three EMAs are short term EMA, medium term EMA and long term EMA. When the short term EMA is above medium term EMA and medium term EMA is above long term EMA, the EA opens a buy position. When the short term EMA is below medium term EMA and medium Term EMA is below long term EMA, the EA opens a sell position. When the EMAs are not in buy mode or sell mode the EA close the position.

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Regards
 

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Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
15
32
Canada
Most of the automated trading systems end up failing; either losing a bunch or just barely staying alive. Trading with automated trading systems is not going to make you rich and more likely they will make you poor if you trade them in real accounts. It is estimated that 95% or more of the automated trading system will turn out to be unprofitable over time. That is an unfortunate fact.
 

TraderEd

Master Trader
May 8, 2014
158
0
72
Yes, most of the automated trading systems fail. So this EA too can fail, but as with MA strategies, they work in trending markets and fail in sideways market. So the key is trade in trending market. With MA we know a trend is in force after a trend is established. Lag. Then How can it be tackled? In intraday trading usually big moves comes around London session open or US session open. The Asian session is quite sideways usual. Try the EA at London open or US open. Do not trade the EA 24 hours. This is a pointer only.