TEMA and MACD Crossovers for Long-Short Momentum Trading
Summary
This strategy pairs the direction of a triple exponential moving average (TEMA) with a MACD-style momentum filter. It enters long when the filter crosses above its signal average and TEMA is rising; it enters short on a downward filter cross when TEMA is falling. Each signal closes the position in the opposite direction, making the rules symmetric for long and short trades.
The script specifies a TEMA period of 81, filter lengths of 29 and 27, and a signal length of 5. The accompanying description promotes DOGE/USDT on a 15-minute chart and reports a backtest profit, starting capital, position sizing, and commission, but gives no dates, trade list, drawdown, or independent validation. The settings are presented as optimized for that market, so their transferability is unestablished. The method also supplies no explicit stop-loss or position-sizing rule beyond its script defaults, and crossover signals may lag or whipsaw in sideways markets.
Key ideas
- TEMA slope supplies a directional condition for each trade.\nA MACD-style crossover provides the momentum trigger.\nOpposite signals close the existing position and open the other direction.\nThe script reports DOGE-specific settings and a backtest profit, without enough detail to assess robustness.\nNo explicit stop-loss rule is described.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.