Daily Chart method using a single moving average
Hi
After a lot of hard work I came up with a very efficient method which uses 1 single moving average
Go long if it closes above the moving average, go short if it closes below the moving average.
The idea is to enter the exact candle from the daily time frame that closed above the moving average
No goals, just exit with what you got as soon as you get a reverse signal
Good luck
Attached template
After a lot of hard work I came up with a very efficient method which uses 1 single moving average
Go long if it closes above the moving average, go short if it closes below the moving average.
The idea is to enter the exact candle from the daily time frame that closed above the moving average
No goals, just exit with what you got as soon as you get a reverse signal
Good luck
Attached template
Attachment to original post (1)
Daily Chart method using a single moving average (Daily Chart method using a single moving average) Usage and filtering suggestions
The Daily Chart method using a single moving average is a foreign exchange EA related resource. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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