The cTrader Moving Average Crossover Strategy is a very commonly used system to help traders find the middle of a trend that defines price action in which prices move in a specific direction over a while. Generally, trends are either upward or downward, as sideways movements are considered consolidation and not trends.
How Do We Capture a Trend?
- Short-term trends can be captured using short-term moving averages.
- Long-term trends can be captured using long-term moving averages.
- An example is a 5-day moving average of the EURUSD crosses above the 20-day moving average of the same symbol.
What Is a Fast and Slow Moving Average?
The fast-moving average is a short-term moving average and the period value must be lower than the slow-moving average period. A moving average, as a single line, is often overlaid on price charts to indicate price trends. A crossover occurs when a faster-moving average crosses the slower-moving average.
What makes this trading system so different is that you can choose the period, type and source for the fast and slow-moving average indicators which are used to enter and exit the trades.
What Moving Averages Can You Choose?
You can choose 8 different types of moving averages for each indicator, so you can mix a simple MA with an exponential MA.
- Simple
- Exponential
- Time-series
- Triangular
- VIDYA
- Weighted
- Wilder smoothing
- Hull
How Does it Work?
It is probably best to explain how this system works so there is no confusion when you are using the system.
Free Training on Demo Account
We will show you how to optimise settings for any symbol you wish to trade while using the 14-day free trial download, backtest to verify the results and we can also provide information on when to use different types of automated trading strategies.
Learn how to optimise and backtest any symbol, and define your risk vs reward.
What Results Can It Achieve?
The results of any automated trading system will depend on the following skill areas that need to be learned.
- cBot optimisation.
- Not overfitting with optimisation.
- cBot backtesting.
- Trading system timing - when to turn on or off the cBot.
- Financial market knowledge, when to close trades early and let winners run.
Read The User Guide
When you first use this trading system you may need a little help.
Email & PopUp Alerts
If you turn on either the email or the popup alert then when a signal occurs and a position opens you will be informed that this event has occurred, you also have the option to turn off auto-trading and use this just as a signal system.
Instant Telegram Message Alerts
You can configure this trading robot to also send instant Telegram alerts direct to your PC, Tablet or mobile phone.
Trading Hours
This is very important and will vary from symbol to symbol, with XAUUSD there is unpredictable volatility at certain times of the day, for example, heavy trading could happen in the morning or late afternoon, this is why the parameters we use are 09:00 - 13:00 GMT. If trading hours are used then the robot will only open positions during the set hours, but it will continue to manage the trailing stop, take profits and stop losses at all times.
Watch a Video Demonstration
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
Duration: 18 minutes - Watch full-screen on YouTube
Full Source Code?
The source code is not included with this download, but if you want the full source code then you will need to follow the link below.
How To Install & Remove
First, make sure you have the cTrader trading platform installed and then unzip the file and double-click on it to automatically install it onto the platform.
Any Questions?
If you have any questions, please first search our product help site for the answer, if you cannot find it, post a new question.
