Simple 60 Moving Average Strategy | rr: 1-2😍

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Let’s be honest—most people step into the world of Forex trading feeling a bit lost. With endless tutorials, confusing strategies, and complicated setups, it’s easy to get overwhelmed and quit before you even start seeing results. The truth is, you don’t need dozens of indicators or some fancy tool to succeed. What you need is a strategy that’s simple, practical, and easy to apply across any market.

That’s exactly what we’re diving into here. I’ll walk you through a straightforward trading approach that requires no special settings, works in multiple markets, and can be mastered by anyone—even beginners. I’ve personally backtested it (yes, with real screenshots and an uncut video on YouTube), so you don’t have to take it on faith. By the end, you’ll see how keeping it simple can often be the smartest way to trade.

The Easiest Forex Strategy for Beginners (With a 60 Moving Average)

If you’re new to trading and tired of overcomplicated strategies, this one’s going to feel like a breath of fresh air. It’s simple, effective, and doesn’t drown you in endless indicators. All you need is a 60-period moving average—yes, just one tool—and you can start spotting solid opportunities in the market. The beauty of this setup is that your potential profit is always about double your risk, which means even with a modest win rate, you can still come out ahead.

Here’s the kicker: this strategy has a 55% win rate, which is more than enough to keep you consistently profitable. You can even automate it with a trading bot or set up alerts for moving average crossovers to make your life easier. Like any strategy, it does take practice and patience to master, but once you get the hang of it, it’s one of the most straightforward ways to trade smarter without overthinking every move.

Tools and Settings You Need for This Forex Strategy

No need to stress over complicated setups—this strategy keeps it super simple. All you really need is one tool: a moving average. Just add it to your chart, set the method to Simple, change the period to 60, and choose the fifth option under “Apply to.” That’s it—you’re done. In less than a minute, you’ll have everything ready to start spotting trades without wasting time on endless indicators or messy settings.

How to Trade Using the 60 MA Strategy

Trading with this strategy is super straightforward. Basically, the 60 MA line acts like a boundary between price moves—think of it as your market compass. All you need is to watch how the price reacts to this line, then follow the signals. It’s simple enough for beginners but effective enough to keep your trades consistent.

Entry:

Whenever a strong candle fully crosses the 60 MA line, that’s your signal to enter the trade in the same direction. If the candle isn’t strong enough, wait for a confirmation candle in the same direction. If the second candle goes the opposite way, skip the trade.

Stop-Loss:

Always place your stop-loss just below the candle that crossed the moving average.

Take-Profit:

Set your take-profit at twice the size of your stop-loss to keep your risk-reward balanced.

Backtesting Results of the 60 MA Strategy

Of course, any strategy can look great on a chart, but when you actually backtest it, results often surprise you. That’s why at Mirapi, we make sure to test every strategy before recommending it. This one has been backtested from August 1 to August 31, 2023, on the EUR/USD pair using a 1-hour timeframe, and here’s what we found.

As you can see, this strategy had a profit factor above 2, and its average wins were double the average losses. On top of that, it maintained a 55% win rate, which is pretty solid. For beginners who aren’t fully familiar with market trends and details, this could be an ideal choice.

That said, results can vary on other currency pairs or timeframes. It’s always a good idea to run your own backtests. Also, the more familiar and practiced you are with this strategy, the better your results will likely be.

My Personal Note on the 60 MA Strategy

As you’ve seen, this strategy can be a really solid choice for beginners and anyone just starting out in the financial markets. That said, make sure you explore all its details before diving in.

Also, when your take-profit levels get bigger, try adjusting your stop-loss accordingly to lock in your gains. It’s a simple tweak that can make a big difference in protecting your profits.

I’d love for you to check out this strategy yourself and share your experiences in the comments section. Your feedback helps everyone learn and improve together!

FAQ

1. Is this 60 MA strategy suitable for beginners?
Yes! It’s simple, effective, and perfect for anyone just starting in trading.

2. What tools do I need to use this strategy?
All you need is a 60-period simple moving average added to your chart—nothing complicated.

3. How should I set my stop-loss and take-profit?
Place your stop-loss below the candle that crosses the MA and set take-profit at twice the stop-loss distance.

4. Can I trust this strategy’s backtest results on all currencies?
Backtests are a great guide, but results can vary across currency pairs and timeframes, so always run your own tests.