The currency pair GBP/JPY on Daily chart forms a Bullish Divergence between the current price and RSI 6 period. Our STS_MA_Distance_Indicator shows a distance to 10 EMA of 153 pips. Today is the last day of the month and the probability of upward movement with a target of at least 10 EMA is high.
We have loaded our STS_MA_Distance_Bot to open long positions on each Day Candle if the price is 100 or more pips from 10 EMA.
This is the advantage of algorithmic trading and the use of bots. They will execute the strategy accurately and precisely, without having to wait for days and hours in front of the monitors.
More about the trading strategy: https://www.youtube.com/watch?v=YxlMRVQzAEE
How the Robot works: https://www.youtube.com/watch?v=jJudnLRhtXY
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