Optimized Moving Average Strategy by Windwaker

A very simple moving average strategy

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("OptimizedSisy4x", overlay=true,pyramiding=0,default_qty_type=strategy.cash,default_qty_value=20000,scale=true,initial_capital=10000,currency=currency.USD)
fastLength = input(59)
fastLengthL = input(82)

slowLength = input(96)
slowLengthL = input(95)
price = close

mafast = ema(price, fastLength)
mafastL= ema(price, fastLengthL)
maslow = ema(price, slowLength)
maslowL = ema(price, slowLengthL)



if (crossover(mafastL, maslowL))
    strategy.entry("SYS-LONG", strategy.long, comment="long")


if (crossunder(mafast, maslow))
    strategy.entry("SYS-SHORT", strategy.short, comment="short")
Target = 6250 
Stop = 3500
Q = 100



strategy.exit("Out Long", "SYS-LONG", qty_percent=Q, profit=Target, loss=Stop)
strategy.exit("Out Short", "SYS-SHORT", qty_percent=Q, profit=Target ,loss=Stop)

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