This is an experimental study which calculates WMA and MA channel crossover over a specified period or interval using custom lengh for its calculations.
Some valuable tips:
- MUST USED Heikin-Ashi candles
- BTCUSD Bitstamp chart for longer backtest results
- Longer timeframe (2h, 4h, 1D, W) are better
- Moove the "Lengh - Speed" setting to adapt the strategy regarding the asset and timeframe used.
For example on BTCUSD ( Bitstamp ) my favorites "Lengh - Speed" values are:
4H > 4, 6, 31
1D > 6, 16
W > 12
Tested with both Crypto & Forex, results are extremly accurate and entry are most of the time predicted in the right way.
I don't necessarily recommend using this tool as a standalone, but rather as a supplement to your analysis systems.
This indicator DO NOT REPAINT
Hope you'll enjoy it :)