Moving Average Crossover Long-Short Reversal with Percentage-Based Profit Target (Point-and-Click NinjaTrader® Strategy)
Original Trading Strategy
In this video you will learn how to create this point-and-click strategy for NinjaTrader® without code using Quagensia® N Edition.
Peer Reviews, Modifications & Responses
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Trading Strategy Summary
This point-and-click strategy for NinjaTrader® was built without code in Quagensia N Edition.
It is a moving average crossover strategy that goes long when a fast moving average crosses above a slow moving average and goes short when the fast moving average crosses below the slow moving average.
If the strategy is currently long and the fast moving average crosses below the slow moving average, it will reverse its position from long to short by exiting the long position and entering a short position.
If the strategy is currently short and the fast moving average crosses above the slow moving average, it will reverse its position from short to long by exiting the short position and entering a long position.
The strategy also exits its long or short position when a percentage-based profit target is reached if this strategy’s “Use Profit Target?” input parameter is set to True due to its check box being checked in the NinjaTrader® user interface.
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How to Get the Quagensia Strategies
This point-and-click trading strategy is built into Quagensia N Edition (for NinjaTrader®).
Customize Quagensia Strategies with Your Own Ideas
Tweaking Quagensia Trading Strategies using point-and-click with the Quagensia Desktop Application is easy for non-programmers. If you get stuck you can usually find the answer you need in our online help documentation or you can ask a question in our friendly Discord community.
If you don’t want to tweak a Quagensia Trading Strategy with point-and-click to add your own proprietary trading logic, you can still download a Quagensia Trading Strategy file, open it up in the Quagensia Desktop Application, and generate its code, then backtest and optimize the trading strategy on different instruments, different bar periods (weekly bars, daily bars, hourly bars, 15-minute bars, etc.), or different bar types (time-based bars, volume-based bars, tick-based bars, etc.), and use different start and end dates.
Some tweaks you can make to the Quagensia Trading Strategies you download include:
Modify the entry & exit logic.
- Add more conditions, remove conditions, or change them by choosing from among a very large number of components, including many exotic indicators.
- Add or modify stop losses, trailing stops, and profit targets. Make them tighter, less tight, or based on an entirely different calculation.
- Add or modify time stops. For example, exit after a certain number of bars either unconditionally or only if the post-entry price action did or did not exhibit certain characteristics.
Enhance the output of the strategy to go beyond simply placing orders.
- Draw lines, shapes, and text on the chart. For instance, you can mark times or prices where each entry or exit condition of a multi-condition entry or exit was true, even if all the necessary entry or exit conditions were not true at the same time so an entry or exit did not occur.
- Write information to NinjaTrader®’s NinjaScript® Output window or TradeStation®’s EasyLanguage® Print Log window.
- Write information to a file. You can even output a report that can be opened in Microsoft Excel or consumed by another application that reads comma-delimited, semicolon-delimited, or otherwise character-delimited tabular data files.
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