OILTRADER MACBOS system

[oilfxpro]

Hi Folks

This is my own oil trading system.This system is a free system from OILFXPRO.

MACBOS = Moving average cross break out system

profitable 8/30 wma cross on oil


Stop loss 50 cents stop & reverse if stop hit

30 m charts

Rule entry when 8wma crosses 30 wma + breakout of 50 pips
Example .Moving average 8 crosses moving average30 at $90.00 ,enter at +50 for longs = $90.50 and $89.50 for shorts

close on cross and change in colour of wma's

After close of previous position +50 cents /-50 cents …reverse the position

WMA's must both be positive for longs and negative for shorts

close when they cross and both turn positive or negative

oilfxpro

[oilfxpro]

Here are some backtests

[scorpion]

Your backtests are dated. It was a year ago. Maybe this system is now losing?

[oilfxpro]

Originally Posted by scorpion

Your backtests are dated. It was a year ago. Maybe this system is now losing?

Scorpion

It is very unlikely that MACBOS loses in a highly trending market and oil has been trending very well over the last few months.

MACBOS will fail in a ranging market where the instrument is trading within a 1 or 2% range for an extended period of time.

It is highly likely that MACBOS has been very profitable over the few months , last year and last few years.

I now have a professional quality EXPERT ADVISER MQ4 for MACBOS , so I will begin forward tests of MACBOS .

OILFXPRO

[nicesurf]

Why most of traders rely on the backtest ? Is the market so simple ? I don't think we can follow it.

[oilfxpro]

Originally Posted by nicesurf

Why most of traders rely on the backtest ? Is the market so simple ? I don't think we can follow it.

They can't so we are now on forward tests.

MACBOS Expert adviser is ready and loaded for blast off into those huge profits on oil

Any manual traders requiring a template please let me know

OILFXPRO

[oilfxpro]

Hi

Macbos had a great start to forward testing .We only made 80 points on forwards because of initial set up problems of new strategies and putting new settings on Expert Adviser

If we had followed the the rules on first post ,OILFXPRO MACBOS would have made over 200 points today

Time to blast off

Free system and free signals from OILFXPRO

OILFXPRO

[oilfxpro]

Great day for MACBOS 5 m and 15 min advaned versions

[oilfxpro]

Today's Final Result 68 Points

[oilfxpro]

Hi

Yesterday MACBOS made over 431 points profit using 1m and 15 charts

ANOTHER GREAT FREE SYSTEM

OILFXPRO