Fast EMA Crossover Scalping with Fixed and Trailing Stops

Summary

This short-term strategy uses crossovers between a five-period and a thirteen-period exponential moving average. A bullish crossover opens a long position, while a bearish crossover opens a short position. Each entry is paired with an initial stop set one percent from the signal bar's close and a trailing stop specified as two percent of that close, converted to instrument ticks. The script also sends an alert when either entry condition occurs.

The source provides concrete rules but no backtest results, instrument guidance, or evidence that the signals are profitable. Although the page description mentions MACD, the supplied strategy logic uses two exponential moving averages and does not calculate MACD. The strategy allocates the full configured percentage of equity to a position, so sizing and exposure deserve careful review. Fast crossover signals can be sensitive to noisy price moves, and the document does not discuss transaction costs, slippage, or how the stop behavior performs across markets and timeframes.

Key ideas

• A five-period EMA crossing above a thirteen-period EMA signals a long entry.
• A cross below the slower EMA signals a short entry.
• The script sets an initial stop one percent from the signal bar's close and a two-percent trailing distance.
• Entry alerts are sent at bar close.
• The document reports no performance evidence, and its page description's MACD reference is not reflected in the code.

Tags

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