JAN23 strategy is based on a single simple moving average indicator.
it bets on a trend reversal at the end of the US session, if the
price
is below the SMA at 6PM UTC the strategy waits for the latest H1 bear
candle to close then opens a GBPUSD buy position with a volume of 15
million, or a sell position if otherwise (latest H1 bull candle to
close
if price is above the SMA).
the strategy opens only 1 trade per day, take profit is set at 9 pips
and stop loss at 100 pips, the SMA is set by default on period 30
using hourly
candles.
https://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=226814