EA Early Reversal

Description

Trading Strategy

Giga – Early Reversal utilizes a simple trading method configured on FXCE Giga. It uses two moving averages (MA), MA(12) and MA(50), along with candlestick signals. The entry and trade management rules for Giga – Early Reversal are as follows:

– Buy: Candlestick rises and crosses both MA lines.

• Lowest price of Candlestick 1 < MA(12) and MA(50).
• Highest price of Candlestick 1 > MA(12) and MA(50).

– Sell: Candlestick falls and crosses both MA lines.

• Lowest price of Candlestick 1 < MA(12) and MA(50).
• Highest price of Candlestick 1 > MA(12) and MA(50).

– Take profit (TP) when the price moves in the right direction. Apply Dollar Cost Averaging (DCA) when the price moves in the wrong direction.

Recommended Configuration

Buy Entry:

Sell Entry:

Volume & Stop Loss (SL) & Take Profit (TP):

DCA:

Recommendation

This strategy is suitable for trading on currency pairs with low volatility to avoid excessive rounds of DCA. The parameters should be adjusted according to the account balance and risk tolerance as per the plan. Users can combine it with Trader’s Guard to protect their accounts from abnormal price fluctuations.