TWO MA WITH MOMENTUM STRATEGY

[Apprentice]

INDICATORS

1.MA1: PREFERABLY MVA OR EMA PERIOD 10
2.MA2: PREFERABLY MVA OR EMA PERIOD 20
3.MOMENTUM :
period:12
smoothening method:mva or ema
smoothening period:20
BUY LEVEL 100
SELL LEVEL 100

BUY;
1. MOMENTUM > BUY LEVEL AND MOMUNTUM (PERIOD)>MOMENTUM(PERIOD-1)
2.MA1.>MA2
3.PRICE CROSS OVER MA1

SELL;

1. MOMENTUM < SELL LEVEL AND MOMUNTUM (PERIOD)<MOMENTUM(PERIOD-1)
2.MA1<MA2
3.PRICE CROSS UNDER MA1

TWO MA WITH MOMENTUM STRATEGY.lua

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Smoothed Momentum Indicator can be found here.
viewtopic.php?f=17&t=62770

The Strategy was revised and updated on January 22, 2019.

[rogueking]

Hello Apprentice,

I've been testing this strategy for a while now, but I realized something odd:

It only opens buy trades. I've tested on multiple accounts and multiple time-frames.

Do you know what the problem could be?

[Apprentice]

This test shows both positions, long & short were opened.

[Apprentice]

The strategy was revised and updated.