Algokid

AK_ TREND ID AS A STRATEGY : FOR EDUCATIONAL PURPOSES ONLY

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Just converted the AK_ TREND ID into a strategy , to show the efficiency of this simple indicator. I used SPX             in this example, to display that the indicator has been accurate for a long time.
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//@version=2
// by algokid , 10/2015
strategy("AK_ TREND ID Monthtly Strategy Version:Basic", overlay=true)

// inputs
input1 = 3, input2 = 8 , 

fastmaa = ema(close,input1)
fastmab = ema(close,input2)

bspread = (fastmaa-fastmab)*1.001

// exeution

longCondition = bspread > 0 
if (longCondition)
    strategy.entry("Risk on", strategy.long)
strategy.close_all(when = bspread < 0 )

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IanLip
a year ago
yup this is a great indicator, I like it on weekly and monthly ... thanks
+2 Reply
CosmicDust
a year ago
Thanks this is helpful but I guess many people do not trade monthly but 5 minutes.
+1 Reply
Algokid PRO CosmicDust
a year ago
true ... its pretty challenging to come up a intraday strategy with good long term results, but I'm working on one right now .
+2 Reply
FullofBull
a year ago
I just started looking at this on the daily and weekly. I know it's much more effective on monthly but hard to make a handful of trades in 5 years. Do you have an update for the daily charts? Thanks and keep up the good work!
+1 Reply
NOTE > AK_Trend is a serious lagging indicator. Look at the code, it's just crossing EMA's.
Like every oscillator based indicator, it looks like it works today, but can be total rubbish next week.
Reply
John_Winkelman PRO John_Winkelman
a year ago
Well, basically just crossing EMA's.

(Why can't we edit or remove comments?)
Reply
IanLip John_Winkelman
a year ago
if you have something that can predict the future, please share
Reply
Algokid PRO
a year ago
Just be clear , the AK_ Trend ID is not a trading system , hence the warning " for educational purpose only" in big red font. This indicator simply tries identify ideal market regime to invest and stay out . works on a monthly basis.Do not apply this indicator on other securities or other time frame , it will not work.

cheers

algo
Reply
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