đ Strategy Name: Cross Trading Strategyđ§ Core Concept:
"Cross Trading" in this context appears to combine:
Price action & arrow signals (entry/exit) on the main chart.
StepMA Ema indicator (displayed in the subwindow) for trend confirmation or filtering fakeouts.
đ Indicators Involved:
Arrow Signals (on chart):
Red downward arrows indicate Sell signals.
Green upward arrows indicate Buy signals.
StepMA_Ema (in subwindow):
Yellow line represents the dynamic trend threshold.
Cyan line possibly shows a smoothed average or filtered trend.
Red/Blue arrows in subwindow show trend crossovers or directional shifts:
Red = Bearish trend start.
Blue = Bullish trend start.
â Entry Rules:đť For a Sell trade:
A red down arrow appears on the main chart.
Confirmation:
The StepMA_Ema subwindow shows a red arrow (trend shift to bearish).
The cyan line crosses below the yellow line or moves below a flat yellow line.
đź For a Buy trade:
A green up arrow appears on the main chart.
Confirmation:
The StepMA_Ema subwindow shows a blue arrow (trend shift to bullish).
The cyan line crosses above the yellow line or moves above a flat yellow line.
â Filter Rules / Avoid Entries When:
No agreement between main chart signal and StepMA_Ema trend.
The yellow line in the StepMA_Ema is flat and ranging (indicating low momentum or choppiness).
Signals appear against a strong StepMA trend (i.e., green arrow during a bearish cyan/yellow drop).
đŻ Exit Options:
Opposite signal appears (e.g., exit Sell when a green arrow appears).
StepMA_Ema crosses back (trend reversal).
Fixed TP/SL based on last swing or ATR value.
đ Strategy Benefits:
Filters out many false entries using dual confirmation.
Works well in trending markets.
Easy visual clarityâarrows and StepMA direction agree.
â ď¸ Potential Risks:
May produce false signals during consolidations.
Delays in entry due to waiting for confirmation.
Requires backtesting to tune parameters (StepMA length, signal sensitivity, etc.).
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Published:
05 May, 2025 12:38 AM
Version:
v3.0
Category:
Source Code Included:
NoInstructions Included:
YesFiles Included:
YesTags: