As we wrote in our Forex Analysis from September 8, 2021, the last trade from the backtest with STS_MA_Distance_Tester is short and is a loss. Additionally, the last 4 positions after the V-shaped bottom are of the same type - short.
Based on that, we loaded our STS_MA_Distance_Bot to open long positions when our STS_MA_Distance_Indicator shows a distance of 30 or more pips to 10 EMA. The Trading Robot is also set to open a position on each next H4 candle, if the conditions for distance to 10 EMA are still met.
The bot opened 3 long trades and closed them when the price touched 10 EMA.
Visit our Forex Signals section to receive real-time trades from our Trading Robots.
