MVO - MA Signal Strategy by averagemouse954
By averagemouse954
Performance Metrics
- Author: averagemouse954
- Symbol: BINANCE:ETHUSDC
- Timeframe: 5 minutes
- Net P&L: +133.36 USDC (+0.13%)
- Win Rate: 71.4%
- Profit Factor: 5.028
- Max Drawdown: 18.17 USDC (0.02%)
- Total Trades: 7
Description
Strategy Description: MA Signal Strategy with Heikin Ashi, Break-even and Trailing Stop⸻🔍 Core ConceptThis strategy enters long or short trades based on Heikin Ashi candles crossing above or below a moving average (MA), with optional confirmation from the Money Flow Index (MFI). It includes: • Dynamic stop loss and take profit levels based on ATR • Optional break-even stop adjustment • Optional trailing stop activation after breakeven • Full visual feedback for trades and zones⸻⚙️ Indicators Used • Heikin Ashi Candles: Smooth price action to reduce noise. • Simple Moving Average (MA): Determines trend direction. • Average True Range (ATR): Sets volatility-based SL/TP. • Money Flow Index (MFI): Optional momentum filter for entries.⸻📈 Trade Entry Logic✅ Long Entry:Triggered if: • Heikin Ashi close crosses above the MAor • MFI is below 20 and Heikin Ashi close is above the MA❌ Short Entry:Triggered if: • Heikin Ashi close crosses below the MAor • MFI is above 90 and Heikin Ashi close is below the MA⸻🛑 Stop Loss & Take Profit • SL is set using riskMult * ATR • TP is set using rewardMult * ATRExample: • If ATR = 10, riskMult = 1, rewardMult = 5→ SL = 10 points, TP = 50 points from entry⸻⚖️ Break-even Logic (Optional) • If price moves in your favor by breakevenTicks * ATR, SL is moved to entry price. • Enabled via checkbox Enable Break Even.⸻📉 Trailing Stop Logic (Optional) • Once break-even is hit, a trailing stop starts moving behind price by trailATRmult * ATR. • Trailing stop only activates after break-even is reached. • Enabled via checkbox Enable Trailing Stop.📊 Visual Elements • Heikin Ashi candles are drawn on the main chart. • Trade zones are shaded between SL and TP during open trades. • Lines mark Entry, SL, TP, Break-even trigger. • Markers show entries and exits: • Green/red triangles = long/short entries • ✅ = Take profit hit • ❌ = Stop loss hit✅ Best Use Case • Trending markets with strong pullbacks • Works on multiple timeframes • Better suited for assets with consistent volatility (ATR behavior)