This is the MACross strategy. This strategy uses two moving averages, a fast moving average and a slow moving average, to decide when to enter the market. At its core, it is also a momentum based strategy, since it is accepting as a signal to buy and sell price changes that have driven a faster moving average to cross a slower moving average.
![]() |
The entry logic of the strategy is to buy whenever the fast moving average crosses up the slow moving average and to sell whenever the fast moving average cross down the slow moving average. However, like the matrader, the details of the entry logic itself are modifiable by the trader. You can choose to define a cross of the moving averages to be a certain number of pips past the slow moving average. You can also modify the number of periods used in the calculation of the moving averages to create more meaningful crosses. In addition, the moving averages themselves can be modified to be based on different prices such as the Close, Open, High, Low, Median, Typical price, or Weighted price of the current bar. The method of calculation of the moving averages is also modifiable. You can choose to use the Simple, Exponential, Smoothed, or Linear Weighted moving average calculation for each moving average. Read more
Auto FX Payday Software & User Guide
Forex Smart Pips – I Made Profit 80% Consistently!
RSS Feed
Twitter
March 3rd, 2012
admin 
Posted in
Tags: 
