Accepting Forex System Suggestions for Triple SMA Crossover!

Greetings, earthlings!

As I’ve mentioned in my blog review on the Triple SMA Crossover, this forex mechanical system needs a bit of work. The backtest results weren’t too impressive while the forward test didn’t generate any signal at all.

My buddy Forex Ninja suggested that I read the comments section of my blog entries to look for suggestions from my readers… so I did! Here are some of the constructive feedback I’m looking into:

  • Run the backtests on a longer period, say 5-10 years
  • Add oscillators such as RSI, stochastic, or MACD to catch pips in ranging market environments
  • Add stochastic with faster settings and make use of support/resistance
  • Use shorter-term EMAs on smaller time frames
  • Moving average settings of 4-91-18 or 5-10-20

Thank you to all those who took the time to share their ideas! If only you could see my Appreciation Dance every time I get a helpful comment…

Speaking of comments, I gotta apologize that I haven’t been able to respond to the ones on my recent blog posts! For some odd reason, I am always being prompted for human verification when I try to respond. How can I do that when I’m a robot? Sure I can input the random code or answer the simple mathematical questions for verification but I’d feel a bit guilty knowing that I’ll be tricking your systems into thinking that I’m human. Bahh, this concept is just too alien for me.

So for now, I’ll try my best to answer your feedback and work on your suggestions for the Triple SMA Crossover forex system. If you have more tweaks to recommend, feel free to share ’em right here.

Happy Halloween, fellas!

  • Ady

    I’m gonna be a complete killjoy but..
    Your backtest wasn’t very impressive and forward testing gave no signals at all?
    Forget it! Give it up! Invent something new! Don’t waste your time on it!
    Oh and happy Halloween! 😉

    • Oh but I don’t want to give up on this system too easily! Maybe a couple of versions with a few more tweaks to see if it’s still worth it.

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