Momentum EURUSD SMA+RSI — Strategy by pablo_valdes_soto

By pablo_valdes_soto

Performance Metrics

Description

English versionInstrument & TimeframePair: EUR/USDTimeframe: 1 hour (1H)Indicators & Parameters20-period Simple Moving Average (SMA)50-period Simple Moving Average (SMA)14-period RSIEntry RulesLong:20 SMA crosses above 50 SMA (golden cross)RSI is above 55Short:20 SMA crosses below 50 SMA (death cross)RSI is below 45Exit RulesStop Loss: 0.5% from entry priceTake Profit: 1% from entry priceAdditional Exit: If the indicators trigger the opposite signalRisk ManagementPosition size: 10% of available equity per tradeOther RestrictionsOnly one trade per direction (long/short) at a timeNo trading on Fridays after 15:00 GMT (to avoid end-of-week volatility)Backtest uses the last 3 years of data

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