2 Moving Averages | Trend Following

31 oct 2023

The trading system is a trend-following strategy based on two moving averages (MA) and Parabolic SAR (PSAR) indicators.

How it works:

• The strategy uses two moving averages: a fast MA and a slow MA.
  
• It checks for a bullish trend when the fast MA is above the slow MA and the current price is above the fast MA.
  
• It checks for a bearish trend when the fast MA is below the slow MA and the current price is below the fast MA.
  
• The Parabolic SAR (PSAR) indicator is used for additional trend confirmation.
  
• Long and short positions can be turned on or off based on user input.
  
• The strategy incorporates risk management with stop-loss orders based on the Average True Range (ATR).
  
• Users can filter the backtest date range and display various indicators.
  
• The strategy is designed to work with the date range filter, risk management, and user-defined positions.
  

Features:

• Trend-following strategy.
  
• Two customizable moving averages.
  
• Parabolic SAR for trend confirmation.
  
• User-defined risk management with stop-loss based on ATR.
  
• Backtest date range filter.
  
• Flexibility to enable or disable long and short positions.
  
• This trading system provides a comprehensive approach to trend-following and risk management, making it suitable for traders looking to capture trends with controlled risk.