Hello Men,

I'm new to trading..
I'm on full time job and seeking end of day and simple system to trade mostly cable or fiber.

Here is my egy and love the feedback and enhancements.

You need daily chart with MA 4 on near price and RSI (5)

Rules:
Look at the chart around 11-12GMT or BST
buy if market closes above MA4 (first time) and RSI is less than 70.
Close if final price is below MA4

Sell if Market closed below MA4 and RSI is over 30
Close if market closed above MA4 or RSI is either 30 or under.
Use 80 pip stop loss.

I did the manual testing largely on GBPUSD for last few months and got approximately 200pips per month.

I thought of few steps to prevent out during backward and enhance the performance
They're. .
During the day if market transferred 50 pips towards your way. . Bring the prevent loss to entry point.
If market is shut below MA4 and prevent loss is not hit and RSI is either 30 or below than do not shut the position and input again in additional direction.
Same holds good for sell too (but RSI is 70)
I look forward for feedback and enhancing the simplex system.

Happy trading.
SanG