gbpuse with 80 pip SL and 8 pip TP

This strategy is using simple moving average indicator which is nothing but SMA. A simple moving average (SMA) is an arithmetic moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. This description I get it from google. I used 15mins timeframe for the pair GBPUSD with GMT timezone. So first trade will open based on previous 15 bar closed lower or higher based on opneing price. If the bar closed above the open price, then my strategy will buy GBPUSD with the amount I used in strategy. I used 80pip stop loss and 8 pip as profit. If my trage goes with correct progress, then position will close greater than or equal with 8 pips profit. If it goes negative direction, it will close 80 pip stop loss.
Version: Date: Status: Description:
3 12.06.2018 Not running  Download
2 16.12.2013 Executed investing amount changed  Download
1 01.12.2013 Executed gbpusd with 80 pip SL and 8 pip TP. This is a simple strategy. This is based on Simple Moving Average indicator.  Download
bharatholsa avatar

Good Luck in strategy contest - you may use the visual jforex in future to get bonus points.

greennjk avatar
greennjk 2 Feb.

thanks bharath.. I will do next month..

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