Hello everybody, Its been some time since I've posted but I wanted to share a super easy system that has been proven profitable. I hope this can help some of you on FF. I didn't make this egy and it is nothing new. Its frequently overlooked because it is so straightforward but often times that the easiest egies can be the ideal. I've altered the original trading rules a little bit to rules that fit my trading style a little better.

DISCLAIMER: THIS IS NO GRAIL. I AM NOT CLAIMING THIS TO BE A HOLY GRAIL. This Is Only A SYSTEM THAT WORKS, THAT IS ALL.

Things To Remember:
1. This is meant to be traded on Daily Charts. I will also post the results for other timeframes towards the bottom of the post(coming shortly ).
2. There's not any Hard SL or TP to this system. I haven't found any configurations using ATR or comparable tools to place an SL TP that improved the system. Consequently I don't use one with this system and only following the signals.
3. This system is not perfect. Just like all systems, it performs better on specific pairs during specific conditions. What really allows you to benefit from the system and avoid this variance is diversifying the tools you exchange it on!!!
4. Test results used a fixed lot size that does not increase.
5. Tests were conducted on 7 major USD pairs(EU, GU, AU, NU, UJ, UCHF, UCAD).

Thread Rules:
1. Do not include extra indiors. You may adjust current indior settings and share your results if you'd like.
2. If you're going to suggest adjustments to the system, please provide hard evidence to support why these modifications are profitable or better.
3. Keep it friendly. Please no junk.
4. Again nobody likes conjecture. Do not make statements or claims about this system or some other system here if you do not provide proof for the claims you're making.
5. Have fun !


Entrance Rules:
Long:
1. Price is over 200 MA.
2. Price is under 5 MA.
3. RSI(2) is under 5.

Short:
1. Price is under 200 MA.
2. Price is over 5 MA.
3. RSI(two ) is over 95.

Exit Rules:
Option 1(This option is for people who only wish to confirm the chart at the end of the afternoon, This is the Option used in results under ):
Exit in the finish of the candle which touches the 5 ma.

Option 2(This is a better option for people that wish to watch their trades like a hawk):
Exit as soon as price touches 5 ma.

So as they say, the proof is in the pudding. Well, this really is my pudding, along with some other peoples pudding.

The Pudding:

In House Pudding:
The first batch of pudding I will reveal is my batch. Although there are other studies done about this system which I will share below, it is always smart to check the system for yourself before you even consider using it.

EURUSD Daily Jan 2010 - Dec 2015 - Fixed .10 Lots - Spread = Current(Tests ran during NY Session)



Summary:
P/L: 290.00
Profit Factor: 1.10
Expected Payoff: 3.92
Max DD: 8.35%



GBPUSD Daily Jan 2010 - Dec 2015 - Fixed .10 Lots - Spread = Current(Tests ran during NY Session)



Summary:
P/L: 923.80
Profit Factor: 1.31
Expected Payoff: 9.15
Max DD: 6.71%


AUDUSD Daily Jan 2010 - Dec 2015 - Fixed .10 Lots - Spread = Current(Tests ran during NY Session)





Summary:
P/L: 459.10
Profit Factor: 1.20
Expected Payoff: 5.28
Max DD: 8.62%


NZDUSD Daily Jan 2010 - Dec 2015 - Fixed .10 Lots - Spread = Current(Tests ran during NY Session)





Summary:
P/L: (132.70)
Profit Factor: 0.95
Expected Payoff: (1.37)
Max DD: 4.23%

USDJPY Daily Jan 2010 - Dec 2015 - Fixed .10 Lots - Spread = Current(Tests ran during NY Session)






Summary:
P/L: 2200.83
Profit Factor: 2.57
Expected Payoff: 21.57
Max DD: 2.63%

USDCHF Daily Jan 2010 - Dec 2015 - Fixed.10 Lots - Spread = Current(Tests ran during NY Session)





Summary:
P/L: 61.42
Profit Factor: 1.02
Expected Payoff: 0.65
Max DD: 6.86%


USDCAD Daily Jan 2010 - Dec 2015 - Fixed.10 Lots - Spread = Current(Tests ran during NY Session)






Summary:
P/L: 80.29
Profit Factor: 1.04
Expected Payoff: 0.80
Max DD: 5.90%


OVERALL RESULTS
P/L: 3882.74(38.82%)
Avg Profit Factor: 1.31
Avg Expected Payoff: 5.71
Avg MAX DD: 6.19%

Summary:
Overall this system performed quite well over the last 5 years. As I mentioned previously it is key to diversify when employing this egy or some other like it because some pairs will execute others as market conditions change. Diversifying will battle this variance as shown in the results over.


Out Sourced Pudding:

https://www.nigeriaforextrading.com/...1909465341.pdf

Summary:
As you can also see from these results, diversifying really helps this system by reducing the natural variance which will occur between individual pair operation.