When an idea comes to mind, first turn it into an EA
Geko is here.
In the previous article, I tried displaying moving averages on the chart.
Somehow, it felt like you could read market conditions by the relative positions of the moving average and the candlesticks, right.
That's right.
This is the logic of FX trading.
Of course, it's not clear whether this simple logic is effective.
For now, I just displayed the moving average on the chart and captured only a portion of various market conditions.
So I tested it.
If you can program as an automated trading system, you can verify it with backtesting.
By the way, an automated FX trading system is called an Expert Advisor (EA).
Below is the backtesting data of an EA that adds a certain filter to the up-down relationship between candlesticks and moving averages.
How to interpret this backtesting data,
I will write about that from the next article onward.