Topic: Simple Crossover of a Moving Average
I want the parameters for a simple strategy:
A buy or sell trade during a crossover of 14 EMA.
The trade stays in place with a Stoploss of 20 and Take profit of 60 until there is a reverse crossover...then the current trade is closed and an opposite trade is opened immediately.
1. During the trade if the STP/TP are taken, then there wont be another trade until there is a crossover.
2. If the STP/TP are not taken, and there is a crossover, then the trade is closed at either a plus (less than +60) or minus (less than -20).
Naturally I want to trade this strategy manually but I prefer to watch the terminal make the trades to prevent intervention of emotion and of course I may not be around.
I deeply appreciate everyone who take the time to help me with this!