Dual SMA Crossover with Stops and a Daily Profit Target

Summary

This intraday strategy uses fast and slow simple moving averages to follow short-term trends. A cross above the slower average opens a long position, while a cross below opens a short. Users can set the average lengths, a per-trade monetary stop, a trailing stop offset, and a daily profit target; setting the target to zero disables it. The published configuration uses BTC/USDT futures on a two-hour interval, with a two-hour base period.

The description presents the stops as tools to limit losses and protect gains, and the daily target as a way to end trading after reaching a profit threshold. It warns that crossovers can generate false signals and excess fees in choppy markets, that moving averages lag, and that fixed stops and tuned parameters may not suit changing volatility. No performance results are provided. The code and prose also differ on daily targeting: the code compares cumulative net profit to the target, without an apparent daily reset, so the stated daily behavior is not established by the implementation.

Key ideas

• Fast and slow SMA crossovers provide long and short entry signals.
• A fixed monetary stop and trailing stop offset are intended to manage individual trades.
• The target setting is described as a daily profit cap, but the code checks cumulative net profit without an evident daily reset.
• Choppy conditions can produce false signals, extra trades, and higher fees.
• The document gives no evidence of strategy performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.