Trade EURUSD using Multiple Moving Averages
Blue line is the trigger line.
Green is the short term trendline.
Red is the longer term trendline.
Long on trigger crossover.
Short on trigger crossunder.
Kindly share your ideas about this with me...
A trading strategy based on multiple moving avergaes.
Shows great results on backtesting.
Initial Capital : 250,000
Contracts : 40 (Fixed, Equal to Lotsize of NSE BANKNIFTY)
Pyramiding : 3
Slippage : 20 ticks (1 Rupee)
Commission : 0.015%
64% Trades are profitable...