In this system you can use any time frame charts.
Indicator only use Simple Moving average indicators
- 10 Simple moving average indicator
- 20 Simple moving average indicator
- 30 Simple moving average indicator
Trading rules
- open buy trading position when 10 Simple moving average cross above 20 and 30 moving average
- Open sell trading position when 10 simple moving average cross below 20 and 30 moving average indicator
Exit trading rules
- You can use risk and reward ratio at least 1:2
- Or you can use reverse trading signals
This strategy is very simple system, even though you can make good result in strong trending movement.
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