How would a simple moving average crossover system perform

Crude oil data sample download from Metaquotes. Using a simple 5 day moving average crossing over a 20 day moving average, long when 5 day crosses above and close out and turn short when 5 day crosses below. Initial profit target 9% and 2% stop loss from entry price. Using 4 week Average True Range to trail the profit from 5 day moving average and stop loss from 60 day moving average.

Positive skew on the curve, but not so simple, need to endure 13 consecutive losses to come up ahead. Moving average system are not so straightforward after all. So take it with a pinch of salt. This EA "MAXO" is available from free download under our Shop. Try it on your own terminal and see if you can replicate the results. Better still, enhance the results and share your findings.

Disclaimer: system yet to undergo walk forward testing and optimization. Always test out and verify stability of the algo before you run it live.