---
title: Pure Golden Cross
slug: pure-golden-cross
createdAt: 2024-06-09T19:14:11.691Z
---

#  Pure Golden Cross



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**Risk Profile**: Aggressive or Speculative
**Trade Strategy**: Market Bottoming

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The Golden Cross is a classic trading signal used to trade market bottoms. The key component of the strategy is when the 50-day moving average crosses above the 200-day moving average. It is a popular technical indicator in stock trading, mainly used to invest in markets that have been in a bear market but are showing signs of bottoming.

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![Pure Golden Cross](https://lh7-us.googleusercontent.com/docsz/AD_4nXdF2K1KVXZCZa8B21tmiiUgMfCGFBLS3WcIqDsJJoHtPax1pXOOsu1rzbM5Wfsd2lFbu63H30WfWgri6Zmi-lYXl-zYiU6ITjbZNbznynKIvgc_HLPu6-vY6uKFeU8tpyW53B4VRP5BDmh6dUjxLqnXo3TEYb149kiFbitX9zv_MAYKEut0N1o?key=N9GC04X0-TvhPp_byHxnRw "Pure Golden Cross")

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## Options Strategies/Bot Group: Sideways Market with Upside Momentum

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![Pure Golden Cross](https://lh7-us.googleusercontent.com/docsz/AD_4nXcxXE9keHBS5-lJQUuJXxKJ5mBN39lWLyUUXVYWcVAR5WIUUm6k5E_WGsxwGIJz4dS2bMLQCdST7sq4Isj7d1u6O2hMDRF9LeuSqthyTblqebgyrVWfF-RuXGN82eQFeXrTMlR6UAdaCXkTOp1gSw_O13RpuBrEtWv-a58-36TtrFFYZqFZREs?key=N9GC04X0-TvhPp_byHxnRw "Pure Golden Cross")

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![bottrading](https://api.archbee.com/api/optimize/t8kDfoa1USMGNZzQ2ltKT/BSb7dDZSt_p_m-L4pXyLM_screenshot-2024-06-09-at-14439-pm.png "bottrading")

Navigate to "Bot Trading" or click on "Search Bots" from the drop-down menu.

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### Bots

In this case, we have two bots under the “Pure Golden Cross” bot strategy: 

1. **Pure Golden Cross - Sell Put Spread (40/20) **– [link](https://www.optioncircle.com/bot/goldencross) 
2. **Pure Golden Cross - Long Call 50/30/10 Butterfly **- [link](https://www.optioncircle.com/bot/gs-butterfly) 

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![Pure Golden Cross](https://lh7-us.googleusercontent.com/docsz/AD_4nXd1UkWyOukGNazXA2pmuOkRC8I0oZCxOyK5lllDaQntNQ1rZS1jx4UVJ-UEgfAhJ2ia65xzHQWJlnmdSeWnz25E9VZnxz3gS4BIAA7hXD7LLO3gB7RiOqsEwa8ar8s3_p5yCSraRy6rHEul0znEFjhFeAA5V5epex9_jyHTTMnWY9k2b-425UI?key=N9GC04X0-TvhPp_byHxnRw "Pure Golden Cross")

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### Bot Workflow

![Pure Golden Cross](https://lh7-us.googleusercontent.com/docsz/AD_4nXdJ43bMRmV74J30Sb9gvUBqodXb69wfxGKrefDDZ2SL3a0ArwDCrObNyuftPPl1GXw7QxUkOkFdDcuKmwsj574-2pAIeUj_8q8nBXcR-8-t3YaJiaAkIKqE4n_Vi_kMqCj-hXnJUzRjO_dGG58e4ksCVQ0kwRYGusr7-DyP-PMjNzcqcAWimA?key=N9GC04X0-TvhPp_byHxnRw "Pure Golden Cross")

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### Bot Rules: Trading Strategies

- **Time**
  - Create a schedule for the bot to run daily, weekly, or monthly.
- **Equity:**
  - **Pure Golden Cross**
  - **Golden Cross (MA50 crosses MA200)**
  - **Price Above 200 MA**
  - **Price > $10**
- **Decision (Scripts):**
  - 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).
    - Set Open Interest or Implied Volatility configurations as per your needs.
- **Close Order (OCO):**
  - Close the position if:
    - Profit exceeds 75%.
    - Loss exceeds 50%.
    - Within 2 days before the expiry.

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