Ghost Moving Average (STRATEGY)This is the strategy indicator of the Ghost Moving Average.
What is the Ghost Moving Average?
GMA is an unique and dynamic moving average that reduces the lag of typical moving averages. It is useful for finding turning points in a trend for trade entries and exits. Additionally, it can serve as a filter for determining an asset's next move.
Trading Rules
1. Long above the GMA (or ladder around it) when the buy signal (green background color) appears.
2. Short below the GMA (or ladder around it) when the sell signal (red background color) appears.
3. Close a percent of your position when the take profit signal appears.
4. Use stop loss of 3-5% from entry.
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