GBPCAD 1D MA-X STRATEGY

253


Tim's MA=X trade mgmt

Standard Trade Management Rules
1) If, after entry, the candle closes back on the opposite side of the 20EMA, close for a loss
2) Full Size Position if Vol >= 100% vol avg
1/2-Size Position if Vol >= 75% vol avg
3) Stop-Loss = 1.5 X ATR
1st Target = 1 X ATR
4) 1/2 off at 1st Target for profit - move Stop-Loss to break-even on remainder

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.