No. This is a fluid strategy with no pure "exits". When LinReg crosses above VWMA, the strategy both exits the short and enters the long; when it crosses below VWMA, it both 1) exits the long and 2) enters the short. Make sense?
Hi Jack, I understand the confusion. I should have used the same axis for both indicators, but I'm not hiding anything and/or leaving anything out of the description. You'll find the visual alignment you're looking for if you put both indicators on the same axis. I think NT8 allows for 4 indicators on the same axis. Hope that helps, Celan
See my backtest results for this strategy here https://medium.com/@eloisecha/i-test-you-trade-with-confidence-1-c405832bb414
do we have to manually close the trade? I'm a little confused with it.
No. This is a fluid strategy with no pure "exits". When LinReg crosses above VWMA, the strategy both exits the short and enters the long; when it crosses below VWMA, it both 1) exits the long and 2) enters the short. Make sense?
to confirm, there will always be a trade running, unless an error occurs, correct?
Yes.
Hi Jack, I understand the confusion. I should have used the same axis for both indicators, but I'm not hiding anything and/or leaving anything out of the description. You'll find the visual alignment you're looking for if you put both indicators on the same axis. I think NT8 allows for 4 indicators on the same axis. Hope that helps, Celan