EMA9May18

The strategy uses one Exponential Moving Average with 9 periods (EMA 9) as indicator of trend direction. If the last candle opens below the EMA line and close above EMA line, the strategy puts a long pending order in candle maximum price, and this pending order is valid until 00:00 GMT. In other way if the last candle opens above the EMA line and closes below the EMA line, the strategy puts a short pending order in candle minimum price, valid util 00:00 GMT. After backtests, the 1 hour period and EUR/USD pair shows better results than other pairs and timeframe. Also in backtests, the combination of 5 pips for take profit and 60 pips for stop loss shows a high acurracy in profit trades probabilities, so, that´s why this combination os chosen. Trade amount of 10 lots seens to be a balanced trade amount for the USD 100.000,00.
Version: Date: Status: Description:
1 01.05.2018 Not running The strategy uses EMA 9 and 1 hour candle to follow trend when price cross EMA. 5 pips profit and 60 stop loss.  Download
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