50 Moving Average Strategy
50 MA Strategy uses one moving average line with parameters :
- Period : 50 .
- MA Method : SMA .
- Apply to : Close .
Entery Rules :
Buy Signal : when price moving in uptrend direction and crossover 50 moving average line and the candle close above it .
Sell Signal : when price moving in downtrend direction and crossover 50 moving average line and the candle close below it .
1-the best point to add the stoploss for moving average strategies is by closing the order when strategy signal reverse in the opposite direction .
2- for buy orders stoploss will be under the lowest low of last three candles starting from crossover candle and for sell orders stoploss will be above highest high of last three candles starting from the crossover candle .
you can use Moving Average Arrow indicator to show arrow alert signal when rules met :
Download Indicator : Moving Average Crosses Price Arrow Signals