Single EMA EURUSD H1 (no martingale)
Dear Community Members,
I would like to present the EURUSD strategy based on single moving average. The idea is simple, single trade per day, time started at 14:40 GMT and ended 21:59 GMT. Buy, if the price is above the moving average and Sell, if the price is below the moving average. Trailing stop is used. I tested this strategy on Exness Zero account. It is recommended to use brokers with very tight spreads. Adjust your spread and GMT offset according to your broker server.
The Set is back-tested from 01.2017 to Oct. 2022
Initial Deposit: 1000 (0.1 Lots /1000)
Suggestions, comments and improvements are highly appreciated.
results:
Hello, I have tested this EA and it seems to be FIFO/USA compatible, which has worked well on my Oanda (USA) account. The EA has a high % win rate, however when it goes into a significant drawdown the losses can be pretty big. Can you please explain the best way to set a stoploss on a single trade?
Many thanks,
Matt