Moving average crossover

Beginner Questions
1

Hello everyone,

I am coding an EA using two moving average as my signals. My challenge right now is on how to exit.

So far I am considering the following option as my exit for a position:

#1 to use Fibonacci levels, once the price hits any of the levels it takes profit and exit

#2 use trailing stop to trail the price movement until the MA crosses over again.

Thanks in advance

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2

Its a good idea however the MA cross only works in a trending market , soon as range bound will cut you to ribbons

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3

I am using this on Volatility, yes it does range but I go in when it trending and able to reenter when it hits a range.

4

Iā€™m not well versed in Fibonacci levels.

However, I use SMA and MACD a lot, and I like them very much.

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5

I agree with this one. Best to stick to trending markets.

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