Trading Strategy Algorithm:
1. Open one-hour chart of EURUSD, lots 0.1.
2. Draw Moving Average with the period of 200.
Buying alert (open two orders): The price is above MA and intersects the level 15 points below the “round” price.
Selling alert (open two orders): The price is below MA and intersects the level 15 points above the “round” price.
We will close our trades by StopLoss.
Having tested the above rules within the period from 2007.01.11 to 2008.01.11, we obtained the following results (Open price only):
MT4 Forex Robot Characteristics
Currency pairs: USD crosses recommended
Platform: Metatrader 4
Type: Expert advisor
Time frames: 1-Minute, 5-Minutes, 15-Minutes.
Copy and paste the HBS_system.mql4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)