AllAverages T3-LSMA-ILRS Trading System

So, the results:
- trade for GBPJPY 44 dollars in loss
- trade for GBPCHF 7 dollars in profit

I want to remind that I entered too late (I just opened PC and Metatrader and I saw that the signal was already existing for 15 or 30 minutes ago).

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For now - we are waiting for the next signal. It may be 1 or few signals only during a day. And not all the signals are good for us - because we need to catch big movement. I mean: the distance between those 3 MA lines should be enough to trade and to place stop loss, and the directional line should indicate about 'buy or sell' in obvious way.

If the market is volatile so we can place stop loss according to red directional line.

Originally Posted by newdigital

it is difficult to create EA for this system

actually is quite simple, it's a cross of moving averages in a direction of a another moving averages ...

there is nothing difficoult ... but it's not profitable...

It is not simple. Because as we are trading on close bar, and as the distance between MAs indicators' lines should be big one so it may be 1 or few trades in a day only. I mean - we open the trade if the trend is already existing.

Look at this image as an example on this post - trend already exists (we see it because of the angles of MA lines crossing, and because of the distance between the lines), and we are just following it.

• It is difficult to catch this moment for such an entry in manual trading.
• In case of EA so EA will "trade the flat" instead of trading the trend (and we are estimating the trend in visual way: angle and distance for lines)

This is the other example (profitable trade):

This is 40 pips (by equity) using second version of this system:

Hi Levonisyas, my AllAverages are not displaying as you have done on your chart above. What are you using and settings?
Jozo

Just to remind about first version of this system (look at the first post of the thread:

And it is illustration about how to trade:

blue line is fast line, we are using this line for trading
yellow line is medium line, we can use it for stop loss for example
red line is slow line, we can use it for the direction of the trend (to open the trade using blue line on the direction of red line).

To make it shorter - i am trading using crossing fast line with slow line on close bar, order is opened on the direction of slow line only. Sometimes - i am coming too late to metatrader and I opened the trade too late when everything is already understandable: trend, lines and so on. But in this case - I will get few pips in profit anyway.

And this is the explanation about how this system are filtering false entries (in our example - it was USD-CPI news event):

And this is the example of the valid buy signal:

Some people asked about timeframe ... as stop loss/exit is for blue line crossing the yellow line so the timeframe depends on volatility of the market for the traded pair.

And this system is not recommended to be used in the moment of high impacted news events releases (nfp etc).