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Double Weighted Moving Average crossover cBot


Double Weighted Moving Average crossover is when the Fast Weighted Moving Average  moves from one side to the other of the Slow Weighted Moving Average. 
The Fast Weighted Moving Average period is smaller than  the Slow Weighted Moving Average period.
Example: Fast Weighted Moving Average period = 5 and the Slow Weighted Moving Average period = 20.
Double Weighted Moving Average crossover is used by traders to identify shifts in momentum.
Double Weighted Moving Average crossover strategy can be used to generate entry signals.

Entry Signal Examples:
  •  If the Fast Weighted Moving Average crosses from below and close above the Slow Weighted Moving Average, open Long (Buy)
  •  If the Fast Weighted Moving Average crosses from above and close below the Slow Weighted Moving Average, open Short (Sell)


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ċ
2xWMA Cross.algo
(5k)
Iustin Toplicescu-Jibou,
Nov 6, 2017, 4:19 AM