The simplest strategy for GBP/JPY - MT4/MT5 resources
i wa just developping and testing a new strategy for the GBP/JPY pair. it is very simple but it requires patience and good money managment.
it has an average of 1000 PIP per month or a 33% return on investment per month.
on a 1 hour chart of GBP/JPY add a 12SMA and a 32 SMA high / 32 SMA low / 32 SMA close.
buy w lot when the 12 SMA crosses ezch of the 32SMA. close and reverse when the 12 SMA crosses back downward. you'll have a total of 3 lots opened all the time.
based on back testing and maximum drawdown calculations, i recommend that you buy 3 lots for each 3000$ in your account. use micro lots if your account is smaller that 3000$
PS: the close and reverse is great since it costs no spread
i'll soon post the testing results of the system.
it has an average of 1000 PIP per month or a 33% return on investment per month.
on a 1 hour chart of GBP/JPY add a 12SMA and a 32 SMA high / 32 SMA low / 32 SMA close.
buy w lot when the 12 SMA crosses ezch of the 32SMA. close and reverse when the 12 SMA crosses back downward. you'll have a total of 3 lots opened all the time.
based on back testing and maximum drawdown calculations, i recommend that you buy 3 lots for each 3000$ in your account. use micro lots if your account is smaller that 3000$
PS: the close and reverse is great since it costs no spread
i'll soon post the testing results of the system.
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