PROTECTED SOURCE SCRIPT
Historical Exp MA crossover (EEMANI) strategy

This strategy is based on exponential moving average.
I was doing some research on when price extended too far from moving averages / exponential moving averages , ended up with this idea.
LONG RULE
when Exponential MA cross over the historical Exponential MA
EXIT RULE
when Exponential MA cross down the historical Exponential MA
Take Profit
if you check take profit parameter , strategy marks the bars in yellow color when it reaches 30% profit
Example:
I have tested this strategy with SPY , which showed best results with Exp MA = 51 and Historical Exp MA = 100
which has 71% win ratio and High profit factor low max draw down . especially Max Loss on any taken trade is less than 5%
Though price movement looks ugly on the chart , ultimately trade closes with decent profit / minimal loss
Note : past performance is not necessarily indicative of future results, please do your research and back test
I was doing some research on when price extended too far from moving averages / exponential moving averages , ended up with this idea.
LONG RULE
when Exponential MA cross over the historical Exponential MA
EXIT RULE
when Exponential MA cross down the historical Exponential MA
Take Profit
if you check take profit parameter , strategy marks the bars in yellow color when it reaches 30% profit
Example:
I have tested this strategy with SPY , which showed best results with Exp MA = 51 and Historical Exp MA = 100
which has 71% win ratio and High profit factor low max draw down . especially Max Loss on any taken trade is less than 5%
Though price movement looks ugly on the chart , ultimately trade closes with decent profit / minimal loss
Note : past performance is not necessarily indicative of future results, please do your research and back test
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.