T3 Explosive Moving Average BacktestA simple backtesting algorithm for my joke indicator T Explosive Moving Average
• Buys when it starts to ascend
• Sells when it starts to descend
• Switch the wires to reverse this logic
Some currencies show good results with 75 on daily, 65 (reverse wires) on 4h and 210 (reverse wires) on 1h
To be clear, this strategy has no stop-loss which leads to large drawdowns and unreliability of the backtesting data. It shows some performance but it is still a joke. And unless you like T3 moving average calculation, don't use it, perhaps.
Jokes
Explosive Moving AverageExplosive moving average aims to plant bombs on your chart. When it stops growing and starts falling or visa versa, it will put a single bomb on the chart. The bomb will explode after selected number of periods. You can set up an alert for when the bomb is planted.
Explosive MA is a highly volatile indicator. It uses T3 calculation which is a more modern version of TNT calculation. I strongly advise against using Explosive moving average at home, it can be potentially dangerous.
Good luck in your trading!
