20- 100 moving average

Entry conditions

LONG TRADE

1.  20 Periods Exponential Moving Average is above 100 Periods Simple Moving Average
2.  Low of bar is above 20 EMA
3.  It is the first bar that meets these conditions on the long side

SHORT TRADE

1.  20 Periods Exponential Moving Average is below 100 Periods Simple Moving Average
2.  High of bar is below 20 EMA
3.  It is the first bar that meets these conditions on the short side

Closing conditions

LONG TRADE

High of bar is below 20 EMA and 100 SMA

• ·      High of bar is below 20 EMA and 100 SMA

SHORT TRADE

• ·      Low of bar is above 20 EMA and 100 SMA

Additional settings

Stop loss 35 pips

Check if conditions are met every time there is a new bar