CANX MA Crossover — Strategy by CanxStixTrader
By CanxStixTrader
Performance Metrics
- Author: CanxStixTrader
- Symbol: OANDA:XAUUSD
- Timeframe: 1 minute
- Net P&L: −50,511.00 USD (−5.05%)
- Win Rate: 13.9%
- Profit Factor: 0.281
- Max Drawdown: 51,172.18 USD (5.12%)
- Total Trades: 280
- Sharpe Ratio: −1.141
Description
© CanxStixTraderMoving average crossover systems measure drift in the market. They are great strategies for time-limited traders. KEEP IT SIMPLEThis strategy works both for buys and sells using the reaction line to guide your position against the reactions.HOW TO USE THE INDICATOR1) Choose your market and timeframe.2) Choose the length.3) Choose the multiplier.4) Choose if the strategy is long-only or bidirectional (longs & shorts).TIPSThe strategy works best in bullish markets as that is the primary direction that market such as stocks, indexes and metals like to move.- Increase the multiplier to reduce whipsaws- Increase the length to take fewer trades- Decrease the length to take more trades- Try a Long-Only strategy to see if that performs better.The base set up when you load the indicator is for the 1 minute chart on gold. We found that it also works well on the US Indexes. For other markets you may need to change the length and multiplier to suit the market and back test its results.