Alan Ross

Alan Ross Forex

Free Forex Indicators, MetaTrader Tools and Honest Trading Guides

Author: Alan Ross

Indicators

Bollinger Bands Strategy Tested on the 5-Minute Chart: The Fade Won 60% of Trades and Still Lost

Three Bollinger Bands strategies, 12 settings each, on 16,926 EURUSD 5-minute bars with a 1-pip cost. Fading the default 20/2 won 60.3% of trades and lost 0.34 pips per trade because losers were 1.7 times the winners. Waiting for a close back inside made every setting worse, walking the band lost everywhere, and only 10/2.5 stayed positive — by 0.05 pips.

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Learn Forex

Best MT4 Settings for Gold Scalping: 37 Tested, Only 5 Survived Both Halves and Double the Spread

16 Supertrend combinations, 5 EMA pairs, 8 RSI setups and 8 ATR stop settings tested on gold M5 across a month when gold fell $233.80 and a month when it rose $557.90. Every Supertrend setting lost in the falling half. The best scalping setting — EMA 9/21 with a 2×ATR stop and 2R target — made +$1.52 per trade over 308 trades and stayed positive in both halves, on both sides and at double the spread.

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Manual Strategies

Gold Scalping Session by Session: The Busiest Hours Paid the Least on 13,736 XAUUSD Bars

Four gold scalping rules — EMA 9/21 cross, RSI 7 fade, 1-hour breakout and Bollinger fade — run through Asia, London, the London–New York overlap and the New York afternoon on 13,736 5-minute bars. The overlap moved gold the most and averaged -$0.41 per trade with 2 of 8 tests positive; the quiet New York afternoon averaged +$0.85 with 7 of 8 positive.

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Learn Forex

Multi-Indicator MT4 Template: 23 of 192 Made Money, and All 23 Shared One Base

Eight entry signals, eight filter choices and three holding times — 192 templates built only from MT4’s own standard indicators, tested on 16,926 EURUSD 5-minute bars. 32 finished positive before costs and 23 after a 1-pip spread, and every single survivor ran the 50/200 EMA cross as its entry. Which input decides the result, which one does nothing, and how to build the surviving template in MT4 in about two minutes.

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Indicators

Indicator Combos vs Their Own Parts: All Eight Finished Below Their Best Half

The eight most-taught indicator combinations — RSI + MACD, RSI + Stochastic + MACD, MACD + moving average cross and five more — measured against the single indicators inside them on the same 16,926 EURUSD bars. Every combination finished below its best component in pips per trade, six of eight below both halves, and the four-indicator stack finished last at 42.1%. The only profitable combo made 40% less than one of its own halves.

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