TradingView
OrcChieftain
Jun 11, 2020 1:57 PM

T3 Explosive Moving Average Backtest 

CZECH KORUNA / U.S. DOLLARICE

Description

A simple backtesting algorithm for my joke indicator T Explosive Moving Average

• Buys when it starts to ascend
• Sells when it starts to descend
• Switch the wires to reverse this logic

Some currencies show good results with 75 on daily, 65 (reverse wires) on 4h and 210 (reverse wires) on 1h

To be clear, this strategy has no stop-loss which leads to large drawdowns and unreliability of the backtesting data. It shows some performance but it is still a joke. And unless you like T3 moving average calculation, don't use it, perhaps.
More