Would appreciate those smart EA programmers to come up with an EA for this simple system:
Pairs: USDJPY EURUSD
Time Frame: 5min.
Indicators: 50 & 200 SMA
Price: at the closing of each 5min. bar
Long condition:
50sma > 200sma
diff (200sma-50sma) > 20pips
Buy @ 200sma SL: 15pips TP: 50sma
Short condition:
50sma < 200sma
diff (200sma-50sma) > 20pips
Sell @ 200sma SL: 15pips TP: 50sma
Cheers!
Pairs: USDJPY EURUSD
Time Frame: 5min.
Indicators: 50 & 200 SMA
Price: at the closing of each 5min. bar
Long condition:
50sma > 200sma
diff (200sma-50sma) > 20pips
Buy @ 200sma SL: 15pips TP: 50sma
Short condition:
50sma < 200sma
diff (200sma-50sma) > 20pips
Sell @ 200sma SL: 15pips TP: 50sma
Cheers!