Crude Oil - 10 EMA Reverse Strategy

Mr. Mangatha

Mr. Mangatha

Member
#1
#1
Dear Friends,

I am new to traderji. I have seen somany threads here for Crude oil. But Most of the threads are going with tips or chart posting only.

There is no detailed explanation about any strategy in the commodity section.

I know some strategies which was found on the various sites.

These strategies are useful for real trading also. I am regularly noting the entry and exit for all the strategies in my laptop.

First of all,

Here, I am going to explain about 10 EMA Reverse Strategy for crude oil. I found this strategy from market calls rajendran

Let me explain.....
 
Mr. Mangatha

Mr. Mangatha

Member
#2
#2
The below is the amibroker AFL code for 10 EMA Reverse Strategy. You can apply it. I dont have MT4 code. I am using amibroker only

Code: 
_SECTION_BEGIN("Reverse 10 EMA Strategy");
SetBarsRequired(100000,0);
GraphXSpace = 15;
SetChartOptions(0,chartShowArrows|chartShowDates);
SetChartBkColor(ParamColor("bkcolor",ColorRGB(0,0, 0)));
GfxSetBkMode(0); 
GfxSetOverlayMode(1);
SetBarFillColor(IIf(C>O,ParamColor("Candle UP Color", colorGreen),IIf(C<=O,ParamColor("Candle Down Color", colorRed),colorLightGrey)));
Plot(C,"\nPrice",IIf(C>O,ParamColor("Wick UP Color", colorDarkGreen),IIf(C<=O,ParamColor("Wick Down Color", colorDarkRed),colorLightGrey)),64,0,0,0,0);

SetPositionSize(2,spsShares);
par1 = Optimize("par1",10,5,50,1);
A = EMA(C,par1);
Buy = Cross(A,C);
Sell= Cross(C,A);

Short = Sell;
Cover = Buy;

ApplyStop(stopTypeLoss, 
         stopModePoint, 
         Optimize( "max. loss stop level", 58, 50, 300, 1 ), 
         True ); 
Plot(A,"EMA10",colorRed);

PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);                      
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45); 
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Short, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);                      
PlotShapes(IIf(Short, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);
_SECTION_END();
 
Mr. Mangatha

Mr. Mangatha

Member
#3
#3
Time Frame to be used: One Hour only

Trading System : Positional Trading only

Minimum Capital Required : Above 75000 Rupees for one lot

Rules to be followed:

Buy or sell at the hourly closing bar only

If the buy arrow displays, you should sell

If the sell arrow displays, you should buy

this is very simple trading system. But results are fantastic if you trade every signals. dont use this system for intraday.

If you have any doubts, i will explain further
 
timepass

timepass

Moderator
#4
#4
Mr. Mangatha said:
Time Frame to be used: One Hour only

Trading System : Positional Trading only

Minimum Capital Required : Above 75000 Rupees for one lot

Rules to be followed:

Buy or sell at the hourly closing bar only

If the buy arrow displays, you should sell

If the sell arrow displays, you should buy

this is very simple trading system. But results are fantastic if you trade every signals. dont use this system for intraday.

If you have any doubts, i will explain further
Click to expand...
For the benefit of those who don't use amibroker, can you please post detailed charts.

Thanks.
 
Mr. Mangatha

Mr. Mangatha

Member
#5
#5
timepass said:
For the benefit of those who don't use amibroker, can you please post detailed charts.

Thanks.
Click to expand...


This is the example of the chart. Actually chart will show sell signal. but we should buy the crude. This is called 10 EMA reverse Strategy. It will create more signals every day as we have 14 hours trading in MCX. but it is giving fantastic results if we trade every signals without missing positionally

Crude buy came at 6058 at 6 PM

Current price is 6082
 
U

umeshmandal

Well-Known Member
#6
#6
Mr. Mangatha said:


This is the example of the chart. Actually chart will show sell signal. but we should buy the crude. This is called 10 EMA reverse Strategy. It will create more signals every day as we have 14 hours trading in MCX. but it is giving fantastic results if we trade every signals without missing positionally

Crude buy came at 6058 at 6 PM

Current price is 6082
Click to expand...
Thanks for sharing !
:confused: Why cant we 'switch' Buy and Sell arrows so that there is no confusion!!
I dont use Ami hence no idea but its very easy to do in Metastock!!
 
Mr. Mangatha

Mr. Mangatha

Member
#8
#8
Umeshmandal

I did not edit the afl. i am using the same afl which was posted in the marketcalls

but experts can do modification. i dont know how to do

I will post the results of past 4 months in the active contract
 
Mr. Mangatha

Mr. Mangatha

Member
#9
#9
December 54 Trades 311 Points Profit
January 43 Trades 468 Points Profit
February 44 Trades -9 Points Loss
March 27 Trades 526 Points Profit

These backtests have been done in the active contract only.

For example

Active period for the march contract is 19.02.14 to 18.03.14
Active period for the Feb contract is 19.01.14 to 18.02.14
 
shreeux

shreeux

Banned
#10
#10
Mr. Mangatha said:
December 54 Trades 311 Points Profit
January 43 Trades 468 Points Profit
February 44 Trades -9 Points Loss
March 27 Trades 526 Points Profit

These backtests have been done in the active contract only.

For example

Active period for the march contract is 19.02.14 to 18.03.14
Active period for the Feb contract is 19.01.14 to 18.02.14
Click to expand...
How to get Real Time Crude oil in Amibroker.....
 
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