A simple backtesting algorithm for my joke indicator T Explosive Moving Average
• Buys when it starts to ascend
• Sells when it starts to descend
• Switch the wires to reverse this logic
Some currencies show good results with 75 on daily, 65 (reverse wires) on 4h and 210 (reverse wires) on 1h
To be clear, this strategy has no stop-loss which leads to large...
Explosive moving average aims to plant bombs on your chart. When it stops growing and starts falling or visa versa, it will put a single bomb on the chart. The bomb will explode after selected number of periods. You can set up an alert for when the bomb is planted.
Explosive MA is a highly volatile indicator. It uses T3 calculation which is a more modern version...