This is combo strategies for get a cumulative signal.
First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy The Moving Average Crossover trading strategy is possibly the most popular trading strategy in the world of trading. First of them were written in the middle of XX century, when commodities trading strategies became popular. This strategy is a good example of so-called traditional strategies. Traditional strategies are always long or short. That means they are never out of the market. The concept of having a strategy that is always long or short may be scary, particularly in today’s market where you don’t know what is going to happen as far as risk on any one market. But a lot of traders believe that the concept is still valid, especially for those of traders who do their own research or their own discretionary trading. This version uses crossover of moving average and its exponential moving average.
WARNING: - For purpose educate only - This script to change bars colors.
Beautiful color indications; make it more easier to understand; good job HPotter thanks for the post <3
craig59005
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Trying to understand the script properly and the signals it is giving, I've been using your EMA-MA crossover as an indicator for a little while and found it nails it a lot of the time, averaging around the 60% success rate combining it with the MACD and Stochastic RSI so I'm happy with that.
Green is a buy signal
Red is a short signal
As with the original EMA & MA crossover indicator you made.
Is the blue a no-trade situation?
sybersatanyahu
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So good and highly addictive! It would be nice to incorporate the little arrows and texts present in the backtest into the strategy and some sort of alarm signal when entering short or long positions.