Wednesday, May 13, 2009

3:29 pm - Results : Trading System Exponential Moving Average 3 cross 7 !






Here is the results for FKLI Hourly chart for different period of the year 2005, 2006, 2007, 2008 & 2009 with different exits.


The entry is long when EMA 3 cross EMA 7 and short vice-versa.


The exit to close the trade with a profit or loss can be either

1) End of Day

2) 10 pts stop loss or

3) 3.0 ATR trailing stop loss.






So far, I find it difficult to make money using EMA 3 cross 7 as the profit is quite inconsistent. Bear in mind, the commission used is RM50.

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