In this article, we are going to show a simple Forex trading system for EURUSD. It is based on the popular Moving Average and RSI indicators.
This simple EURUSD trading system is based on four-hour bars and only two indicators. Therefore it is easy to follow and can be used by both novice and experienced forex traders. The average position holding time is 72 hours. This means that you can trade it manually without taking too much of your time.
The trading system is best performing well in both ranging and trending markets with moderate volatility. The entry rules are based on a Simple Moving Average and RSI indicators. The exit rules are based on bars.
Trading system setup
Trading system identifier: 184.108.40.206 EURUSD
Chart time frame: H4
Trading instruments: EURUSD
- Simple Moving Average
Simple EURUSD Trading System Rules
Simple EURUSD Trading System Performance
|1||Total Net Profit:||4 199.80|
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