ChuckBanger

Jurik Moving Average Crossover Strategy [ChuckBanger]

The classic moving average crossover strategy does not work well in markets that, instead of trending, tend to frequently reverse within a trading range. The lag between the actual time the market has reversed direction and when the moving average is signalling a trade, the trend is already over and the market is about to go against your position. In this environment, a more appropriate trading strategy is suggested here using an JMA Keltner Channel.

The idea is to create a channel based of support and resistance . When the market breaks out of the channel, and fails to maintain momentum. It is likely the price will fall back toward the center of the channel. This tendency can be exploited in the following manner.

In the chart above, The aqua and maroon (center line) and the blue lines are part of a channel. The middle line is a slow running JMA of the closing prices, with Length = 30 and phase = 0. The upper blue band is constructed by adding 1.5 times of 30-bar ATR ( average true range ) to the center JMA line and the lower blue band by deducting the same amount. There is a grey line running through the data- That is a fast running JMA with length = 5 and phase = 100 representing the price.

The red dots indicate that the the price is going back in the channel and the market is retracting from a failed upward breakout, and the green dots mark when price is retracting from a failed downward breakout. These are places where one might want to enter the trade. The orange dots indicate where price crosses the center line, a reasonable place to take profit from or even exit the trade.

The center line also shows the up or down movements if the setting is ticked. This feature is useful to use when exit a trade. For example, you enter a long position on a green dot signal and the color is maroon. You can wait for 3-5 candles (depending of markets). And if the color doesn’t change it can be an indication that the price is going lower. Here it is possible to switch to a short possible or the opposite apply if you enter on a red dot.

The parameter use in this study is for demonstrating purposes only. This is to show how you can use JMA . Do not trade with real money without thoroughly test the strategy. And always use stop-losses.
Gỡ bỏ khỏi Script Ưa thích Thêm vào Script Ưa thích
My free indicators http://bit.ly/2s828h6
For a list of payed indicators: http://bit.ly/2Yr7wI1

Tip jar, if you want to support my free indicators work
BTC: 3EV8QGKK689kToo1r8pZJXbWDqzyJQtHy6
LTC: LRAikFVtnqY2ScJUR2ETJSG4w9t8LcmSdh
thanks a lot for this. i will give it a try
Phản hồi
ChuckBanger marco02020202
@marco02020202, yes do that and good luck. Hope u find it useful
+1 Phản hồi
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Shows Cách thức hoạt động Tính năng Biểu đồ Giá Quy tắc Áp dụng Pine Wizards Người điều hành Giải pháp cho Website & Nhà môi giới Widget Giải pháp biểu đồ Thư viện Biểu đồ Lightweight Trung tâm Trợ giúp Giới thiệu bạn Yêu cầu tính năng Blog & Tin tức Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Giới thiệu bạn Ticket Hỗ trợ của tôi Trung tâm Trợ giúp Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất