A Free Trend Following Expert Advisor

Quote from aparsai:

Thanks to one of my students, I have developed a simple Expert Advisor that trades based on moving averages. Visit http://www.forexbrace.com/content/view/181/77/ for more information and download a free copy.

Your comments are welcome.

Moving Average crossovers, not exactly a novel idea :)

What time frame are you using this on?
What about whipsaws in ranging markets?
How are you confirming a trend is established in order to avoid ranging markets?

In my opinion moving averages crossing over always look pretty on historical charts, in live trading it's a different story!
 
Quote from cabletrader:

Moving Average crossovers, not exactly a novel idea :)

What time frame are you using this on?
What about whipsaws in ranging markets?
How are you confirming a trend is established in order to avoid ranging markets?

In my opinion moving averages crossing over always look pretty on historical charts, in live trading it's a different story!

The EA is an educational EA to show how to automate a trading strategy. The strategy itself is very basic and I do not expect it to generate profit at all. If you read the article it explains that the EA is not for live trading at all.

Thanks for your input.
 
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