ianp wrote:fx8000 wrote:Yesterday, I set up another demo account for Swingone using the same lot size and currency pairs as the FXDD account, H4 TF, but with 100 SMA as trend filter i.e. buy above 100 SMA and sell below 100 SMA, set up manually at EA input.
Hi, would you be able to post your set file ?
Thanks
The settings are OOTB, buy/sell above/below 100 SMA.
Put 100 SMA on your H4 charts. Make three templates for buy, sell and stop trading.
If price is above 100 SMA, buy. If price is below 100 SMA, sell. If price is moving sideways with SMA flat, then stop trading. If and when the new update to Swingone is available, then you will be able to automate this by setting the AllAverage filter to 100 SMA.
The principle is very similar to a thread on FF by Hugh Briss using Stochs and Heiken Ashi candles. Trade only in the direction of the 100 SMA. His thread has a five star rating on FF and has quite a following.
http://www.forexfactory.com/showthread.php?t=340556
Cheers.