Price Plus 5

Description:

The strategy uses a Simple Moving Average as a trend indicator. It looks for consistent rising trend based on the difference between the Moving Average and the price plus a predefined value.

Trading conditions:

Buy when the Simple Moving Average of 12 rises above the price level plus 5 pips.

Stops and Money Management:

Use a stop loss of 50 pips and a trailing stop of 10 pips.


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