I'm trying out a trading strategy that buys and sells when the price moves around key moving averages. For example, buy when the price closes above the SMA(20) *AND* the SMA(20) is visibly rising.
On symbols that move up and down a lot - eg: Daily GBPUSD - this looks by eye to be very proifitable. The price has to go either up or down from the SMA itself, and there are good swings above/below the SMA(20). My question is this: I'm trying to find the best performing symbols from my database that move up and down regularly by a large amount. Does anyone have any ideas on how to write a scan / exploration for this - and rank symbols that move up/down? I tried 52week high = 3x 52 week low, but what I'm looking for is regular (or as regular as possible) cycles up and down. Thanks, alice
