CryptoRox

[AutoView] MovingAvg Cross - Video Attached

CryptoRox Updated   
343
There is nothing special or spectacular about this script. It's your standard Moving Average Cross Strategy. It is actually a built in script everyone has access to already. I only changed some of the settings and flipped the orders.

The reason I actually published this, is because people have been asking me what the best way to find the best settings for a strategy. So I made a YouTube video showing people how I personally do it. I took this built in strategy and within 5 minutes took it from a net profit loss and profit factor of 0.5 to a net profit win with a profit factor of 3-5.

Of course this is only on the 1 minute candles, so forward testing the strategy is a must as I do not recommend straight up taking this and trading it.

You can watch the video here:
www.youtube.com/watch?v=9U3FpTHb...

Hope this helps everyone speed up their back testing and fine tuning their strategies.
Comment:
All orders are now being tracked in a Google Sheet for public viewing.

Since: 04/01/2016 02:07:00
Net Profit = -$103.00 in OIL value

Link for tracked statistics here:
bit.ly/1ZixaXw

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?
//@version=2
strategy("MovingAvg Cross", overlay=true)
length = input(310)
confirmBars = input(50)
price = close

ma = sma(price, length)

bcond = price > ma
bcount = bcond ? nz(bcount[1]) + 1 : 0

if (bcount == confirmBars)
    strategy.entry("MACrossLE", strategy.short, comment="MACrossLE")

scond = price < ma
scount = scond ? nz(scount[1]) + 1 : 0

if (scount == confirmBars)
    strategy.entry("MACrossSE", strategy.long, comment="MACrossSE")

//plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)