Triple EMA Scalper low lag strat — Strategy by capam
By capam
Performance Metrics
- Author: capam
- Symbol: FX:EURUSD
- Timeframe: 5 minutes
- Net P&L: +1,507.50 USD (+1.51%)
- Win Rate: 100.0%
- Max Drawdown: 0 USD (0.00%)
- Total Trades: 3
- Sharpe Ratio: 0.522
Description
Hi all,This strategy is based on the Amazing scalper for majors with risk management by SoftKill21The change is in lines 11-20 where the sma's are replaced with Triple ema's tolower 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 25Ema ( exponential moving average ) Predictive, long period 50,Ema ( exponential moving average ) Predictive, long period 100Risk 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 pipsStop loss: 9-12 pips