MA - SlingShot  (added 3/15/2003)
		var Bar: integer; var MA1,MA2,MA3,MA4,MA5: integer; MA1:=5; MA2:=10; MA3:=15; MA4:=50; MA5:=150; EnableNotes( true ); InstallTimeBasedExit(15); HideVolume; { Plot EMA's } PlotSeries( EMASeries( #Close, MA5 ), 0, 900, #Thick ); PlotSeries( EMASeries( #Close, MA4 ), 0, 009, #Thin ); PlotSeries( EMASeries( #Close, MA3 ), 0, 502, #Thin ); PlotSeries( EMASeries( #Close, MA2 ), 0, 950, #Thin ); PlotSeries( EMASeries( #Close, MA1 ), 0, 900, #Thin ); { Trading Rules } for Bar := MA5 to BarCount - 1 do begin ApplyAutoStops(Bar); if not LastPositionActive then { Entry Rules } begin if (EMA(Bar, #Close, MA5 )>EMA(Bar-3, #Close, MA5 )) and (EMA(Bar, #Close, MA4 )>EMA(Bar, #Close, MA5 )) and (EMA(Bar-2, #Close, MA1 )<EMA(Bar-2, #Close, MA3 )) and (Crossover ( Bar,EMASeries(#Close, MA1 ), EMASeries(#Close, MA2 ))) then BuyAtClose(Bar,''); if (EMA(Bar, #Close, MA5 )< EMA(Bar-3, #Close, MA5 )) and (EMA(Bar, #Close, MA4 ) < EMA(Bar, #Close, MA5 )) and (EMA(Bar-2, #Close, MA1 ) > EMA(Bar-2, #Close, MA3 )) and (CrossUnder ( Bar,EMASeries(#Close, MA1 ), EMASeries(#Close, MA2 ))) then ShortAtClose(Bar,''); end else { Exit Rules } begin if LastPositionActive and PositionLong(LastPosition) then SellAtStop(Bar+1,Lowest(Bar,#Low,5), LastPosition, 'StoppedOut Long'); if LastPositionActive and PositionShort(LastPosition) then CoverAtStop(Bar+1, Highest(Bar,#High,5), LastPosition, 'StoppedOut Short'); end; end;
				Trading system using only MA's as indicators.  The 2 long MA's determine the trend.  The short MA is the signal line.  The middle 2 serves as the setup and the trigger.  A discretionary filter would improve the results - take a long signal only if there is a higher high and a higher low and vice versa. Below is a chart showing the system at it's best - March 10, 2003 ES.
			Warning:  Use this script at your own risk. Back to the Main Page , Go to the Download Page