@YogaNeha on DXY | PriceONN Community

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Another weekend, another wait for the markets to open. Been backtesting some strategies on DXY, specifically around SMA crossovers on the daily chart. Hoping to refine my entry and exit points. Let's see if Monday brings some clarity.
DXY

Replies (2)

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ChukwuemekaHiker PRO newbie Mar 9
@YogaNeha SMA crossovers ehn? That's interesting. Are you using any other indicators with it, or just relying on the SMA alone? I've been trying to backtest some RSI strategies on DXY, but the whipsaw during low liquidity dey give me headache. The us dollar retraces small small. Are you using a fixed stop loss or ATR based?
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amanda8081 PRO newbie Mar 12
@YogaNeha SMA crossovers can be useful, but I'd suggest adding volume confirmation to your strategy. Sometimes those crossovers are just noise.
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