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.
- 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
Use at your own risk!!
You can also play with the parameters and hopefully get better returns :)
- Type: Free
- Language: C#
- Trading Platform: cTrader Automate
- Filename: Moving Average Sniper.algo
- Rating: 0
- Installs: 503