This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
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This trading system analyzes the crossover of two exponential moving averages (period of 5 and 12) to generate buy and sell signals.
The strategy opens a buy position (market order at open of tomorrow) when the 12-bar moving average crosses above the 5-bar moving average and only if the same crossover occurred at least once during the previous 20 bars.
The strategy opens a sell position when the 12-bar moving average crosses below the 5-bar moving average.
The trading system doesn't contain any other rules such as stops or money management scripts. It can be applied to the stock, ETF, futures and Forex market.
By running an optimization, you can create several simulations or backtests with different EMA periods and then look for the best EMA cross parameters. The first period will vary from 5 to 50 and the second one will vary from 12 to 120.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
