We backtested the currency pair EUR/JPY on H4 timeframe with our STS_MA_Distance_Tester and it shows that only 1 from the last 5 positions is a win. We can expect that the next trading situation will be profitable, based on the statistics of the backtest for a 6-year period.
Based on that, we loaded our STS_MA_Distance_Bot to open a trade when our STS_MA_Distance_Indicator showed a distance of 30 or more pips to 10 EMA. We've set the robot to "long&short" mode because we don't have a clear direction and whatever happens, our Trading Robot will catch it. The Bot is also set to open a position on each next H4 candle, if the conditions for distance to 10 EMA are still met.
The advantage of algorithmic trading and the use of trading robots is that we do not have to wait for hours and days for a trade to happen, nor do we have to know the direction and watch to close. The robot is developed to save us all these hours and days, to wait for the right moment, no matter when the conditions will appear, to open the trade, and to close exactly when and where is needed. Get your Trading Robot now!
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