Combo 2/20 EMA & CCI

9월 3일
This is another part of my research work, where I test a combination of two strategies, receiving a combined signal. In order to understand which indicator combinations work better, which work worse, as filters for trades. This is combo strategies for get a cumulative signal.

First strategy
This indicator plots 2/20 exponential moving average. For the Mov Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.

Second strategy
The Commodity Channel Index (CCI) is best used with markets that display cyclical or seasonal characteristics, and is formulated to detect the beginning and ending of the cycles by incorporating a moving average together with a divisor that reflects both possible and actual trading ranges. The final index measures the deviation from normal, which indicates  major changes in market trend.

Strategy tester settings:
Initial capital: 1000
Order size: 0.5
Commission: 0.1%
Other as default.

Indicator settings:
EMA Length: 50
CCI Length: 10
Fast MA Length: 15
Slow MA Length: 20
Other as default.

WARNING:
- For purpose educate only
- This script to change bars colors.