Time Frame: 1 Hour
Indicators: 20 SMA & RSI 20 (Trigger Lines 60 & 40)
Pairs: Any
Rules:
Go long when the price is above the SMA 20, and the RSI is above 60.
Go short when the price is below the SMA 20, and the RSI is below 40.
Take profit: 180 pips from entry price.
Stop Loss: 90 pips from entry price.
Break Ever: Move stop loss to breakeven once the price moves 50 pips in your favor.
Close trade if the stop loss or the profit target aren’t hit with in 48 hourly bars(2 days), exit the position.