OPEN-SOURCE SCRIPT

EMA_cumulativeVolume_crossover[Strategy]

2467
This strategy is back test for EMA_cumulativeVolume_crossover[Indicator]

BUY
When ema50 crossover cumulative volume of 100 period

Exit
When ema50 cross down cumulative volume of 100 period

Partial Exit
for the partial profit I have used stopLoss value , but up side. When price is above partial profit and crossing down EMA 50 , exit 1/3 position
Please note when you select this setting, you see spike number of trades, that is because you closing partial number of trades. which increases the winning rate but reduces the total net profit.

Stop Loss
Defaulted to 8%


Added parameter to take LONG or SHORT trades ... on SHORT side not very good results ... you can review it and provide feedback how to improve the performance.


Short Selling
Reverse above BUY conditions


I have tested LONG trades on SPY , QQQ and AAPL on 1 Hour and 30 mins timeframes. for AAPL on DAY timeframe it shows crazy results :-)


Note
For the use of educational purposes only.

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