GMMA EA Trade Strategy by MasayanFX
By MasayanFX
Performance Metrics
- Author: MasayanFX
- Symbol: FX_IDC:USDJPY
- Timeframe: 15 minutes
- Win Rate: 33.7%
- Profit Factor: 1.186
Description
GMMA EA Trade Strategy is a Guppy-style multiple moving average backtesting strategy designed for USDJPY on the 15-minute chart.The strategy uses six short-term Simple Moving Averages and six long-term Simple Moving Averages to identify trend direction. A long entry is generated when all short-term SMA values are above their corresponding long-term SMA values. A short entry is generated when all short-term SMA values are below their corresponding long-term SMA values.The strategy also displays a GMMA-style moving average ribbon and optional background coloring to visualize trend structure. When the short-term moving average group is fully above the long-term group, it suggests a stronger bullish trend structure. When the short-term group is fully below the long-term group, it suggests a stronger bearish trend structure.Default settings:Symbol: USDJPYTimeframe: 15 minutesShort SMA periods: 10, 15, 20, 25, 30, 40Long SMA periods: 45, 45, 50, 55, 60, 95Use Confirmed Bar: EnabledStop Loss Distance: 4.0Take Profit Distance: 5.0Pyramiding: 0The strategy closes an opposite position before opening a new one and uses fixed price-distance stop loss and take profit levels. Because TradingView’s broker emulator differs from MT4/MT5 execution, backtest results may not match EA results or live broker execution exactly.This script is intended for chart analysis, backtesting support, research, and educational purposes only.It does not guarantee future performance and should not be considered financial advice.Please test carefully before using it in any trading decision.