A moving average is a calculation to analyze data points by creating a series of averages of different subsets of the full data set. It is commonly used with time series data to smooth out short-term fluctuations and highlight longer-term trends or cycles. In MetaTrader4 the main variations include: simple, and Exponential, or weighted forms.
Time Frame: H1 or above
Indicator: Moving Average(MA), Exponential on Close, Period of 14
Buy – when price crosses MA(14) from below and bar closes
Sell – when price crosses MA(14) from above and bar closes
Take Profit – 50pips
Stop Loss – 25pips or use trailing stop
Always use stop loss to protect your account and use good money management. Once trade is in profit move stop loss line to break even point.