This strategy uses divergences between three exponential moving averages and their slope directions as well as crosses between the price and these moving averages to switch between a long or short position. The strategy is non-stop in the market and always either long or short.
In addition the moving averages and price bars are colored depending if they are trending up or down.
The strategy was created for the "EURUSD" daily timeframe.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Many thanks for your effort,
As per my Backtest Jan 2020 TILL 30 Sept. 2021, I found it working so great of 30 Minutes Chart for (EURAUD) and the following pair
2- EURNZD
3- GBPUSD
4- NZDUSD
5- NZDJPY
6- NZDCHF
KEEP IT UP
Dragon_Investments
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@aarmani1972, Hello, I am testing It now and Is not working so good with those pairs (something like 1.10/1.15 profit factor nothing more), in my testa It Is oerforming very wrll in gbpjpy H1 and eurusd h4...if you want ti Exchange some opinione message me
jppapertissue
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This strategy looks awesome for Intraday traders, need to check on paper trade.