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Historical Exp MA crossover (EEMANI) strategy

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This strategy is based on exponential moving average.

I was doing some research on when price extended too far from moving averages / exponential moving averages , ended up with this idea.

LONG RULE
when Exponential MA cross over the historical Exponential MA

EXIT RULE
when Exponential MA cross down the historical Exponential MA

Take Profit
if you check take profit parameter , strategy marks the bars in yellow color when it reaches 30% profit

Example:
I have tested this strategy with SPY , which showed best results with Exp MA = 51 and Historical Exp MA = 100
which has 71% win ratio and High profit factor low max draw down . especially Max Loss on any taken trade is less than 5%

Though price movement looks ugly on the chart , ultimately trade closes with decent profit / minimal loss

Note : past performance is not necessarily indicative of future results, please do your research and back test

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