The simplest strategy for GBP/JPY - MT4/MT5 resources
I'm developing and testing a new strategy on the GBP/JPY currency pair. It's simple but requires patience and good money management.
An average of 1,000 PIP per month, which is a monthly return on investment of 33%.
Added 12 SMA and 32 SMA High/32 SMA Low/32 SMA Close on the GBP/JPY 1 hour chart.
Buy W lot when the 12 SMA crosses the ezch of the 32 SMA. It closes and reverses when the 12 SMA crosses downwards. You will open a total of 3 batches.
Based on backtesting and maximum drawdown calculations, I recommend buying 3 lots for every $3,000 in your account. If your account is less than $3,000, use micro lots
PS: Closing and reversing is great because it costs no spread
I will post test results of the system soon.
An average of 1,000 PIP per month, which is a monthly return on investment of 33%.
Added 12 SMA and 32 SMA High/32 SMA Low/32 SMA Close on the GBP/JPY 1 hour chart.
Buy W lot when the 12 SMA crosses the ezch of the 32 SMA. It closes and reverses when the 12 SMA crosses downwards. You will open a total of 3 batches.
Based on backtesting and maximum drawdown calculations, I recommend buying 3 lots for every $3,000 in your account. If your account is less than $3,000, use micro lots
PS: Closing and reversing is great because it costs no spread
I will post test results of the system soon.
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