I trade on the pair EUR/USD because they are dynamic and have
sometimes a nice up and down. Thats why I have choose this pair. My
strategie uses
6 SMA indicators where are one at a Time period on
10 and Shift 0, the second on 20 and also Shift 0. There are two
Indicators more with the same Time periods but with a shift on 1.
Those 4 parameters are used to find the point
where positions are ordered by crossing over the indicators. Than
with
two of them 4 and the SMA
indicator on a Time Period on 130 with Shift 0 and the other on Shift
1 my strategy deside if it will be a long or a short position. The
period of all SMA indicators is on 5min. By creating the strategy I
played with the simulator to determine the best period and find out,
that 5min are the best.
I used the SMA indicators, because they are a good way for this
strategy and the currency couple.
The settings of the SMA indicators have I choosen because I tryed to
find the best for my startegy by using the JForex platform and the
simulator. Also the settings for theTake profit and the stop loss
have
I determined while I used the simulator to find the best options