Strategy based on Triple Moving Average crossover
Triple MA aligns three moving averages to define direction. When the shortest average is above the middle and long averages a long entry occurs. The reverse alignment opens shorts, and a cross of the short and middle lines closes the trade.
Using three averages helps filter out noise present in single-MA systems. This layered approach seeks to confirm momentum before committing to a trade.
Entry Criteria: Signals based on MA.
Long/Short: Both directions.
Exit Criteria: Opposite signal or stop.
Stops: Yes.
Default Values:
ShortMaPeriod = 5
MiddleMaPeriod = 20
LongMaPeriod = 50
StopLossPercent = 2m
CandleType = TimeSpan.FromMinutes(5)
[*]Filters:
Category: Trend
Direction: Both
Indicators: MA
Stops: Yes
Complexity: Basic
Timeframe: Intraday (5m)
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium