xGhozt EVWMA Cross Strategy

4 hari lalu

This strategy leverages a single **Elastic Volume Weighted Moving Average (EVWMA)** to identify trend-following opportunities. It generates trade signals when the asset's **closing price crosses the EVWMA**.

### **How it Works**

* **Entry**: After a price-EVWMA cross (above for long, below for short), the strategy waits for a customizable number of `Bars to Wait After Cross` as a confirmation filter before entering a trade.
* **Exit (Take Profit)**: Once a position is open, it automatically exits the trade if the price achieves a customizable `Take Profit at Price Change (%)` relative to the entry price.

### **Specs & Inputs**

* **Indicator Type**: Trend-following strategy based on EVWMA.
* **Slow Sum Length**: EVWMA calculation period.
* **Bars to Wait After Cross**: Confirmation delay in bars after a cross before entry.
* **Take Profit at Price Change (%)**: Percentage gain from entry at which to close the position.

### **Purpose**

Designed for backtesting and automated trading, this strategy aims to capture directional price movements with a built-in confirmation delay and a fixed profit target.

4 hari lalu

Nota Keluaran

This modification dynamically colors the EVWMA line green when the price crosses above it (bullish signal) and red when the price crosses below it (bearish signal).

4 hari lalu

Nota Keluaran

This update fixes the Take Profit logic for short positions, ensuring the strategy now correctly exits short trades for profit at the specified percentage target.