Complex: 10 Period Low
11 min
Complex Golden Cross: 10 Period Low
Risk Profile: Aggressive or Speculative Trade Strategy: Market Bottoming
The Complex Golden Cross is a market strategy that builds upon the classic Golden Cross. It combines the 50-day Moving Average crossing the 200-day Moving Average with additional filtering rules. These rules include the 20-day MA crossing above the 50-day MA, ensuring smoother alignment between long-term and short-term trends. Additionally, the price should be above the 200-day MA, indicating positive momentum. Lastly, consider entering trades when the price is near the 10-period low.
The Complex Golden Cross is a market strategy that builds upon the classic Golden Cross. It combines the 50-day Moving Average crossing the 200-day Moving Average with additional filtering rules. These rules include the 20-day MA crossing above the 50-day MA, ensuring smoother alignment between long-term and short-term trends. Additionally, the price should be above the 200-day MA, indicating positive momentum. Lastly, consider entering trades when the price is near the 10-period low.
Complex Golden Cross: 10 Period Low
Options Strategies/Bot Group: Complex Golden Cross – 10 Period Low
Complex Golden Cross: 10 Period Low
bottrading
Navigate to "Bot Trading" or click on "Search Bots" from the drop-down menu.
Bots
In this case, we have two bots under the “Complex Golden Cross - 10 Period Low” bot strategy:
Complex Golden Cross: 10 Period Low
Bot Workflow
Complex Golden Cross: 10 Period Low
Bot Rules: Trading Strategies
- Time
- Create a schedule for the bot to run daily, weekly, or monthly.
- Equity:
- Complex Golden Cross: 10 Period Low
- Golden Cross (MA50 crosses MA200)
- Price Above 200 MA
- Price 10 Period Low
- Price > $10
- Decision (Technical Indicator):
- Added additional Real-time or historical market or technical indicators as needed to optimize the performance or minimize losses.
- Open Position:
- Example: Execute a Sell Put Spread or Bull Put Spread:
- Set DELTA at 40/20 (mid-price bid price).
- Ensure open interest is greater than 50.
- Close Order (OCO):
- Close the position if:
- Profit exceeds 75%.
- Loss exceeds 50%.
- Within 2 days before the expiry.