The 2022 Best EURUSD Strategy is a FREE trading robot that is best suited to operate on H1 (1-hour) or H4 (4-hour) charts. This EURUSD trading strategy is suitable for intraday and short-term trading, leveraging momentum and trend confirmation for trade execution. Key Input Parameters & Strategy Overview:
Trade Execution Settings:
- Lot Size (Entry_Amount): 1.00
- Stop Loss: 63 pips
- Take Profit: 100 pips
Indicators Used:
- Awesome Oscillator (AO) – 0.0000 (Level): Used to measure market momentum and determine potential trend shifts.
- Accelerator Oscillator (AC) – 0.0000 (Level): Identifies changes in market momentum before price movements occur.
- Relative Strength Index (RSI): Used to gauge market strength and overbought/oversold conditions.
- Period: 22
- Overbought Level: 82
- Envelopes Indicator: Helps determine price deviations from the moving average, signaling potential reversal points.
- Period: 21
- Deviation: 0.77%
Trading Logic:
- The robot enters trades based on a combination of momentum indicators (AO & AC), confirming a potential trend.
- RSI is used as a filter to avoid overbought/oversold conditions, preventing entries during extreme price movements.
- Envelopes act as a dynamic resistance and support zone, ensuring trades align with volatility conditions.
- The Stop Loss (63 pips) and Take Profit (100 pips) are set to capture profitable opportunities while managing risk.
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.
Disclaimer: This Best EURUSD Strategy is for educational purposes and is free to download. Get the EURUSD trading strategy and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations. 