EMA Moving Away (C#)

EMA Moving Away tracks how far price drifts from an exponential moving average. When a sequence of candles pushes a set percentage away from the EMA, the strategy bets on a snap back to the mean. The setup focuses on the long side: after an extended bearish move drives price below the EMA by MovingAwayPercent, a position is opened. Body‑size and streak filters can be added to ensure the move is stretched rather than noisy. A percentage stop‑loss protects capital if the reversion fails.

• Data: Price candles.

• Entry Criteria:

• Long: Close below EMA by MovingAwayPercent with required streak/size filters.

• Short: not used. []Exit Criteria: Return to EMA or stop‑loss hit. []Stops: Percentage stop based on StopLossPercent. [*]Default Values:

• EmaLength = 55

• MovingAwayPercent = 2.0

• StopLossPercent = 2.0 [*]Filters:

• Category: Mean reversion

• Direction: Long only

• Indicators: EMA

• Complexity: Moderate

• Risk level: Medium