About this Strategy: This strategy is based on spotting a particular activity pattern involving the above listed indicators: A fast moving average that will track closely with price while still smoothing out some price chop A slower least squared moving average to help gauge short-term momentum MACD Support and Resistance to help identify longer-term trends and potentially serve to also guide directional bias
If all entry conditions are met, the strategy enters a position. As well as sending an alert message for the Entry, TP/SL Signals
Long Condition: * Price close above MACD S/R Line * SMMA crossed MACD S/R Line to the upside * LSMA crossed MACD S/R Line to the upside
Short Condition: * Price close below MACD S/R Line * SMMA crossed MACD S/R Line to the downside * LSMA crossed MACD S/R Line to the downside
Strategy Settings * SL based on ATR Bands (0.9 ATR Multiplier recommended*) * TP based on RR (1.5 RR recommended*) * Optional EMA Filter (If set to 0 -> disabled) * Session Filter * Custom Strategy Backtesting Dashboard (Risk = 5%*)