Currently, the currency pair CAD/JPY is approaching strong resistance. All Moving Averages are still parallel, which shows a downtrend. RSI is in overbought territory and diverges with the price. The STS_MA_Distance_Indicator shows 34 pips distance to 10 EMA. This gives us reason to expect that the price will make ...
NZD/CAD waiting for a long trade
Currently, the currency pair NZD/CAD on H4 timeframe is moving against the Moving Averages in a downward direction and is approaching support of 500 EMA. Our STS_MA_Distance_Indicator shows a distance of up to 10 EMA of 29 pips. RSI is oversold. These are sufficient reasons to believe that the price will find support ...
CHF/JPY 3 short positions closed
As we wrote in our Forex Analysis from September 21, 2021 for t he currency pair CHF/JPY, we expected that the next trading situation will be profitable. W e 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. ...
AUD/JPY 3 long positions closed
The currency pair AUD/JPY on H4 timeframe made a Bullish divergence with RSI 6 period and also our STS_MA_Distance_Indicator showed 50 pips distance to 10 EMA. We loaded our STS_MA_Distance_Bot to open long positions on each new H4 candle if the conditions are still met. The Trading Robot ...
EUR/JPY 3 long positions closed
As we wrote in our Forex Analysis from September 21, 2021, for t he pair EUR/JPY we expected that the next trading situation will be profitable. W e 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 set the ...
CHF/JPY waiting for a trade
After backtesting with our STS_MA_Distance_Tester the currency pair CHF/JPY on H4 timeframe, the last 5 trades are of the same type (buy) and the last 2 are at a loss. The strategy is the set up of 30 pips distance to 10 EMA. We expect, with high probability, that the next situation will be profitable. Currently, ...
EUR/JPY waiting for a trade
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. W e 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, w e loaded ...
EUR/GBP 2 short positions closed
As we wrote in our Forex Analysis from September 14, 2021, the last 4 trades from the backtest with STS_MA_Distance_Tester are a loss. The statistics of the strategy shows a maximum of 4 consecutive losing trades, backtested on history data of over 5 years. Based on that, our expectations were for the next situation ...
EUR/JPY 2 short positions closed
As we wrote in our Forex Analysis from September 17, 2021, t he pair EUR/JPY was nearing the resistance zone of 3 strong MAs (200 EMA, 100 EMA, 50 EMA) . Based on that, w e 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 ...
AUD/CAD 2 long positions closed
In our Forex Analysis from September 15, 2021, we closed 2 long trades. After that the price continued its down movement and RSI 6 period showed Bullish Divergence. Additional condition was that the distance to 10 EMA was 30 pips. We loaded our STS_MA_Distance_Bot to open long positions when our STS_MA_Distance_Indicator ...
EUR/JPY waiting for a trade
The backtest with our STS_MA_Distance_Tester of the currency pair EUR/JPY on H4 timeframe, shows that the cycle of the strategy with 30 pips to 10 EMA currently has 3 consecutive losing trades. We can expect, with high probability, that the 4th trading situation will be profitable, based on the statistics of the backtest ...
EUR/JPY 7 long positions closed
As we wrote in our Forex Analysis from September 14, 2021, the last 2 trades from the backtest with STS_MA_Distance_Tester are a loss. Based on that, our expectations were for the next situation to be profitable. For this reason we loaded our STS_MA_Distance_Bot to open trades when our STS_MA_Distance_Indicator ...
AUD/USD long trade closed
As we wrote in our Forex Analysis from September 14, 2021, the statistics from backtesting the pair AUD/USD on H4 timeframe with our STS_MA_Distance_Tester show 2 consecutive losing trades. Based on that, we expected the next position to be a winner. We loaded our STS_MA_Distance_Bot to open long ...
AUD/CAD 2 long positions closed
As we wrote in our Forex Analysis from September 14, 2021 there was high probability for long positions for the currency pair AUD/CAD. 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 ...
AUD/CAD waiting for a long trade
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. So far, the bot has opened 1 long position ...
EUR/JPY waiting for a trade
We tested the pair EUR/JPY on H4 timeframe with our STS_MA_Distance_Tester and it is currently showing us that the last 2 consecutive trades are at a loss. The statistics of the strategy with a distance of 30 pips to 10 EMA show us a maximum of 4 consecutive losing trades on historical data of over 8 years. We can expect, ...
EUR/GBP waiting for a trade
We tested the pair EUR/GBP on H4 timeframe with our STS_MA_Distance_Tester and it is currently showing us that the last 4 consecutive trades are at a loss. The statistics of the strategy with a distance of 30 pips to 10 EMA show us a maximum of 4 consecutive losing trades on historical data of over 6 years. We can expect, ...
AUD/USD waiting for a trade
We tested the pair AUD/USD on H4 timeframe with our STS_MA_Distance_Tester and it is currently showing us that the last 2 consecutive trades are at a loss. The statistics of the strategy with a distance of 30 pips to 10 EMA show us a maximum of 4 consecutive losing trades on historical data of over 5 years. We can expect, ...
AUD/JPY 3 long trades closed
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 ...
EUR/USD 2 long positions closed
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 ...