Simple Moving Average Cross — Strategy by DaneSchell

By DaneSchell

Performance Metrics

Description

Sep 16, 2020The script uses 3 simple moving averages that you can define (SMA Top, SMA Mid, SMA Long).Once the SMA Top is above the SMA Mid and the SMA Mid is above the SMA Top a long position is entered.Once the SMA Top is below the SMA Mid and the SMA Mid is below the SMA Top a short position is entered.You may define how long before these positions are entered by adjusting the bars in the Inputs section.A setting of 0 will enter a position as soon as the conditions are met,whereas a setting of 5 will wait 5 bars after the conditions are met before entering the positions.Sep 21, 2020Release NotesUPDATING DESCRIPTION / TYPOSThe script uses 3 simple moving averages that you can define ( SMA Top, SMA Mid, SMA Low).Once the SMA Top is above the SMA Mid and the SMA Mid is above the SMA Low a long position is entered.Once the SMA Top is below the SMA Mid and the SMA Mid is below the SMA Low a short position is entered.You may define how long before these positions are entered by adjusting the bars in the Inputs section.A setting of 0 will enter a position as soon as the conditions are met,whereas a setting of 5 will wait 5 bars after the conditions are met before entering the positions.Sep 21, 2020Release NotesUpdated the when to close the position as it was improperly set.

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