Moving Average Cross Strategy with Fibonacci-Length SMA and EMA Filters
Summary
This script combines simple and exponential moving averages with periods including 50, 100, 236, 500, 764, and 1000. It plots configurable averages and colors selected pairs to show their relative ordering. The names refer to the chosen lookback periods; the strategy entries are based on price crossing an average, not on the averages crossing one another.
When enabled, each strategy enters long when the close moves above its selected average and short when it moves below, with entries triggered on the transition. SMA and EMA modes can be toggled, and each period has a separate strategy switch. The author suggests comparing profit factors across timeframes, but the document provides no backtest results or evidence that any configuration is profitable. It also does not specify stops, position sizing, transaction costs, or a risk-management method, so the entries alone do not define a complete trading system.
Key ideas
- The script offers configurable simple and exponential moving averages across several lookback periods.
- Long and short entries occur when price crosses above or below a selected average.
- Each supported period can be enabled or disabled independently.
- The document suggests timeframe comparisons but supplies no performance evidence or risk controls.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.