Fast EMA Crossover Scalping with Fixed and Trailing Stops
Summary
This short-term strategy uses crossovers between 5- and 13-period exponential moving averages to open long or short positions. On each entry, it places a stop one percent away from the signal bar’s close and a trailing stop set at two percent, with the stop direction reversed for shorts. It also sends an alert when either entry condition occurs and sizes trades at 100% of equity according to the script settings.
The document supplies a script but no backtest period, market, timeframe, or performance results. Its page description calls the method a 5-and-13 scalping strategy and mentions MACD, but the displayed code contains no MACD calculation or filter. Stop levels are based on the close at the signal rather than explicitly on the average entry price, so their realized distance may differ if execution occurs elsewhere. The crossover rules are simple and may generate frequent trades or whipsaws; the source provides no evidence of profitability.
Key ideas
- The strategy enters when a 5-period EMA crosses a 13-period EMA.
- Long and short entries each include a one-percent stop and a two-percent trailing stop.
- Alerts are issued at bar close when a crossover entry condition occurs.
- The script sets position sizing to 100% of equity.
- The published code does not calculate MACD or provide backtest evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.