Millenium: A Daily Moving-Average Crossover System
Summary
Millenium is described as a system that opens at most one trade per day, using a fast and slow moving-average crossover alongside a price-position filter. For a buy setup, the fast average crosses above the slow average and the current price is above both; the lowest price in a recent lookback must have been below both averages. The document says the signal can be reversed to take the opposite side. It also recommends optimizing settings and testing different weekday filters.
The author states that the fuller system made a positive return on a real account during 2014, while noting that its volatility later made it unsuitable for their use. No supporting performance series, risk figures, or evaluation method are supplied. This release is described as a reduced version that omits features such as trailing exits and money management, so the signal rules alone do not establish a complete trading plan or demonstrate that the reported historical outcome can be reproduced.
Key ideas
- The system is designed to open no more than one trade per day.
- A fast and slow moving-average crossover is confirmed by the current price relative to both averages.
- A recent extreme must lie on the opposite side of both averages from the new signal direction.
- The document suggests testing weekday filters and optimizing the settings.
- The stated historical account result lacks supporting risk and performance details, and the shared version omits some trade-management features.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.