This is a simple swing trading algorithm that uses a fast RSI-EMA to trigger buy/cover signals and a slow RSI-EMA to trigger sell/short signals for SPY, an xchange-traded fund for the S&P 500.
The idea behind this strategy follows the premise that most profitable momentum trades usually occur during periods when price is trending up or down. Periods of flat price...
ATTENTION:
This is a symmetrical algorithm designed only for trading EUR/USD on the 1h time frame. For other currency pairs and time frames, you need to re-calibrate the RSI-EMAs as well as the profit targets and stop losses.
BACKTEST CONDITIONS:
Initial equity = $100,000 (no leverage)
Order size = 100% of equity
Pyramiding = disabled
TRADING RULES:
Long...
This simple strategy goes long (or short) if there are several consecutive increasing (or decreasing) moving average values in a row in the same direction. The bars can be colored using the raw moving average trend. And the background can be colored using the consecutive moving average trend setting. In addition a experimental line of the moving average change can...
Here is a combination of the classic MACD (moving average convergence divergence indicator) with the classic slow moving average SMA with period 200 together as a strategy.
This strategy goes long if the MACD histogram and the MACD momentum are both above zero and the fast MACD moving average is above the slow MACD moving average. As additional long filter the...
P2-V2 also known as Penner2.0 began with a TEMA and MA cross on Heiken Ashi, a strategy brought to us by a group of crypto traders. Since then we've added a few more indicators and played around with the rules.
This is an early release as I have yet to go through the full automation aspect, however, I know some of you would like to see where it's at.
If you'd...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs).
The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal.
Backtest period = 09/17/1916 - 11/02/2015
Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR
Algorithm = net...
![EURUSD: [STRATEGY][RS]DemaRSI V0](https://s3.tradingview.com/t/T9pKJrOz_mid.png "[STRATEGY][RS]DemaRSI V0")
![EURUSD: [STRATEGY][RS]MicuRobert EMA cross V2](https://s3.tradingview.com/6/6YthKHw1_mid.png "[STRATEGY][RS]MicuRobert EMA cross V2")
![EURUSD: [STRATEGY][RS]MicuRobert EMA cross V2](https://s3.tradingview.com/e/ePoGtpch_mid.png "[STRATEGY][RS]MicuRobert EMA cross V2")
![EURUSD: [STRATEGY][RS]MA Strategy test V0](https://s3.tradingview.com/u/UYfjzdfA_mid.png "[STRATEGY][RS]MA Strategy test V0")