Description

The moving averages are also user-defined and can be either SMA (Simple Moving Average) or EMA (Exponential Moving Average).
The faster moving average (mmfast) is used to generate buy signals when it crosses above the slower moving average (mmslow), while sell signals are generated when mmfast crosses below mmslow.
The strategy also includes a trailing stop loss function, which is user-defined as a percentage of the current price.
The trailing stop is applied to both long and short positions.
The strategy has two variations: one with a trend filter and one without. When the trend filter is enabled, long positions are only entered when the current price is above mmslow and short positions are only entered when the current price is below mmslow. Additionally, long positions are only entered when the RSI is below a user-defined threshold (RSIthreshDWN) and short positions are only entered when the RSI is above a user-defined threshold (RSIthreshUP).
The exit conditions for both long and short positions are based on a simple time-based exit rule, which exits the position if the price has remained above the open for two bars (in the case of long positions) or below the open for two bars (in the case of short positions).
Overall, the strategy is a trend-following strategy that uses a combination of RSI and moving averages to generate signals and includes a trailing stop to manage risk.