Long-Only Silver Momentum with Trailing Stops and Loss Cooldowns

Summary

This MCX silver strategy combines a configurable higher- or lower-timeframe entry signal with position and loss controls. The long signal can require price above a volume-weighted moving average, above a lower standard-deviation band, and positive rate of change; users can also require two consecutive closes above the moving average. The script uses a fixed position quantity, limits scaling in, and places an emergency stop below the average entry price.

After a specified profit threshold, it activates a trailing stop based on the highest price since entry. Two consecutive losing trades can trigger a timed cooldown that blocks new entries, and alerts mark entries, stop activation, exits, and cooldowns. The page presents these as risk-management features but supplies no performance results or market-regime analysis. The rules are configurable and intended for backtesting; signal behavior, costs, slippage, timeframe choice, and the strategy’s long-only exposure can all affect results.

Key ideas

• The long entry combines optional VWMA, standard-deviation-band, and positive rate-of-change filters.
• A higher or lower signal timeframe can be selected for generating entries.
• An emergency stop applies from entry, while a profit-triggered trailing stop follows the highest price since entry.
• After two consecutive losses, the strategy can pause new entries for a configurable period.
• The document provides no performance evidence establishing the strategy’s profitability.

Tags

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