8ma55 GBPUSD 1h Strategy
Strategy + Indicator Script (with the same name)
//@version=2
strategy("8ma55 GU 1h", shorttitle="gu 1h", overlay=true, pyramiding=0, max_bars_back=720, default_qty_value=10000, initial_capital=5000, currency="USD")
fastLength = input(8)
slowLength = input(55)
price = close
mafast = sma(price, fastLength)
maslow = sma(price, slowLength)
if (crossover(mafast, maslow))
strategy.entry("Long", strategy.long, comment="Buy")
if (crossunder(mafast, maslow))
strategy.entry("Short", strategy.short, comment="Sell")
strategy.exit("exit", "Long", profit = 960, loss = 1400)
strategy.exit("exit", "Short", profit = 960, loss = 1400)