Category Trend  at 06/10/2023

USDJPY 30MIN MOVING AVERAGE SNIPER

Notice. There is an update for this algorithm which is awaiting moderation. Please check back soon to view the latest version of this algorithm.
Description

The MA Sniper is a trading robot that employs a simple yet effective strategy. It uses a defined Simple Moving Average (SMA) to identify potential buying opportunities. When the closing price of the last bar falls below or equals the last value of the SMA, the bot executes a market order to buy a specified quantity of a financial instrument. 

This strategy aims to capture bullish momentum shifts and is designed for traders looking for a straightforward trend-following approach.

Defaults:

  • Take Profit: 70 pips
  • Stop Loss: 90 pips   
  • MA Period: 10   
  • Volume: 10,000 (0.1 lots)

THE STRATEGY IS ADAPTED TO THE USDJPY 30MIN CANDLES

3 YEAR (JAN 2021 - OCT 2023) RETURN 800%+

Check the USDJPY 1D 1300%+ 3-YEAR return

Contact: WhatsApp

Email: pierrekungu.trading@gmail.com 

Use at your own risk!!

You can also play with the parameters and hopefully get better returns :)




peter_kungu's avatar
peter_kungu

Joined 01.06.2023

  • Type: Free
  • Language: C#
  • Trading Platform: cTrader Automate
  • Filename: Moving Average Sniper.algo
  • Rating: 0
  • Installs: 503
Comments
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peter_kungu's avatar
peter_kungu · 1 month ago

I have been trading from 2019. Using my experience to code now :)