5 MOVING AVERAGE DYNAMIC SETUP

This strategy has flexibility to use upto 5 moving averages of different modes.

You can use EMA/SMA/WMA/TEMA/DEMA for each one, and can also enable or disable moving averages as per your choice.

This strategy can work as 2 Moving average cross over setup or 3 moving average or 4 moving average or even 5 moving average crossover setup as per your convinience.

Long Entry logic: If Fastest moving average is above the corrresponding other moving averages in a sequence sorted from fastest to slowest average, we will buy on the opening of next candle.

Short Entry logic : If Fastest moving average is below the corrresponding other moving averages in a sequence sorted from slowest to fastest average, we will buy on the opening of next candle.

Exit : If Stoploss or TSL triggered or if any one moving average crosses in reverse direction.

The setup can be used for all markets and works both Intraday and positional.

Can be used to automate Equity, Futures, Options, Commodity, currency, crypto currency and Forex.

Backtest engine added for free backtest reports on tradingview.

All variables are dynamic.

OFFER : Open account with us in Fyers to get 50% off on the pricing https://open-account.fyers.in/?utm-source=AP-Leads&utm-medium=AP1527