How to create algo for Wilders Moving Average Crossover Trading strategy?
How to create algo for Wilders Moving Average Crossover Trading strategy?
In this episode , we are going to learn how to code Wilders Moving Average Crossover Trading strategy.
Let’s get into the set-up.
Condition:
This is simple strategy, we use wilders indicator and using Moving Average crossover of 2 wilders indicator to take buying or selling decisions.
Buy: When 7.5 period Wilders Moving Average crosses above 11 Period Wilders Moving Average
Sell: When 7.5 period Wilders Moving Average crosses below 11 Period Wilders Moving Average
Wilders is a very complicated strategy in itself and we won’t be getting into the details of this strategy. Since it is algo, we can use just 1 line of code to pull the Wilders data and it is enough for us. If you are interested in learning Wilders strategy, let us know in the comments section, we will cover it as part of “Trading Strategy” series if there is enough interest,
We will Buy: When 7.5 period Wilders Moving Average crosses above 11 Period Wilders Moving Average
We will Sell: When 7.5 period Wilders Moving Average crosses below 11 Period Wilders Moving Average