
Algo Automatically detect price going up or down
- The strategy uses two Exponential Moving Averages (EMAs):
- EMA 21 (fast) → reacts quickly to price changes.
- EMA 34 (slow) → reacts more slowly, showing the broader trend.
- Buy Signal (Go Long) → When EMA 21 crosses above EMA 34, it suggests the trend is turning bullish. A trade is opened to buy.
- Sell Signal (Go Short) → When EMA 21 crosses below EMA 34, it suggests the trend is turning bearish. A trade is opened to sell.
- Trades can include:
- Stop Loss to protect against large losses.
- Take Profit to lock in gains.
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nzdusd
AUD NZD 2min TF trades
// AUD/NZD - 2MIN TIMEFRAME // 5 YEARS BACKTEST, PROFIT 1500 USD, DRAWDOWN ABOUT 50 USD (RISKY TRADES - NO SL)