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sujay.paranjpe
14 apr 2021 06:52

MA Crossover Strategy with MA Turning Point Exits + ADX filter 

Germany 30OANDA

Beskrivning

This strategy is based upon @rthomson's MA Crossover Strategy with MA Turning Point Exits.

I just added an ability to filter out entries when ADX < 20. In fact you have a choice to set this ADX threshold value.

In a sideways market, the MA crossovers end up in yielding entry trades with losses. ADX value around 20 to 25 indicates a sideway market. By introducing ADX threshold, we are trying to prevent potential loss making entries.
Kommentarer
afra_b
Hi
Does it work for crypto as well?
sujay.paranjpe
@afra_b, I did not try but you can place the strategy on your crypto chart and check the Strategy Tester tab shows :-)
Mer