Salam brothers I am theorising a short term trend following methodology for commodities available on MT4

Entry 
Price  close over EMA 50 and 
RSI 9 period over 50 to trigger a Entry trade 

Stop loss low of the entry candle or previous candle..which ever is lower  

TIMEFRAME : 2 hrs

Profit Exit 2.5 times the difference between Entry and Stoploss price for 50% and for 50% of position exit at touching of 20 EMA

Trailing stop could also be introduced if price gone 1.2 x more then difference between Entry and Stoo loss price can move SL to Break even

We can also test a different variant of 9 period RSI being over 70 not just 50  enter the trade this will reduce number of trades

Also can reverse for short side

Our win rate will be around 35% 
Win loss ration of around 2.5 to 3 
Profitable trend following system 
To filter trades can RSI or ATR 


Salam getting smoother and better results with 2 HR time frame 20 period EMA and 7 period RSI equal or or over 70 …
With simplified entry and exit rules

So buy when price / 2 he candles closes over 20EMA and 7 period RSI becomes overbought  or equal to or higher than 70 Enter 

 exit at 2.5 times entry -Stoploss or when RSI falls below 70

SL low of entry candle


Got it , makes sense I strongly feel the above will work IA as it’s only selective entry on high momentum and counter intuitive , 7 period RSI will allow quicker entry and exits and 2 hrs time frame allows not to rely 1 Hr time , which is prone to more manipluation beside exit rules are more clear close below 20EMA or RSI falls below 70 leading to higher Win Loss Ratio albeit at 40 percent accuracy in bad markets and 60 percent accuracy in good markets ..trending markets conducive to this strategy 

The trick to survive bad streaks which can be around 20 or so boils down to position sizing , money manegment and progressive exposure techniques


We can exit for 50 percent position at 2.5x our initial risk ( Entry price -Low of Entry price Candle) ..

The other 50% of position we can exit as RSI touches 86 

Trailing SL is 20 EMA Touch not close
We should aim for 1/3 risk reward ratio

Profit on short side are less but strangely still there if we short sell if RSI drops below 30 even after a big drop small profits can be generated exit will be RSI going over 30 again based on closing of 2 hr candle

In other words we Only trade   at extreme of markets when emotions are running high