OKEx Digital Currency Quantitative Trading Strategy Series Report: Moving Average Trading Strategy Research

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Introduction to Moving Averages

Moving averages (MAs) rank among the most widely used technical indicators in trading due to their simplicity and quantifiable performance. Unlike subjective chart analysis, MA rules are algorithmic—making them ideal for automated trading systems.

Types of Moving Averages

  1. Simple Moving Average (SMA): Arithmetic mean of prices over a defined period.
  2. Exponentially Weighted Moving Average (EMA): Gives greater weight to recent prices, reducing lag.

Why EMA? While weighted averages (WMA) face computational precision issues, EMA efficiently balances responsiveness and stability.


Python Implementation of Moving Averages

SMA Calculation

import pandas as pd
import numpy as np
import matplotlib.pyplot as plt

def sma_function(close_prices, window):
    return close_prices.rolling(window=window).mean()

EMA Calculation

def ema_function(close_prices, span, weight=0.2):
    return close_prices.ewm(span=span, adjust=False).mean()

Visualization: Plotting SMA/EMA against BTC closing prices reveals trend-following signals.


Dual Moving Average Crossover Strategy

This strategy uses two MAs:

Trading Signals

  1. Golden Cross: Short-term MA crosses above long-term MA → Buy.
  2. Death Cross: Short-term MA crosses below long-term MA → Sell.

Backtesting Results

MetricStrategy ReturnMarket Return
3-month period+18.7%+12.3%

👉 Explore advanced backtesting tools


Key Considerations

  1. Market Conditions: MAs excel in ranging markets but underperform in strong trends (e.g., BTC’s 2021 bull run).
  2. Frequency: Optimal for 15min–1hr timeframes; less effective on daily charts.
  3. Risk Management: Always combine with stop-loss orders to mitigate false signals.

FAQs

Q: How do I choose MA periods?

A: Test combinations (e.g., 5/20, 10/50) via backtesting. Shorter periods increase sensitivity but also noise.

Q: Can MAs predict price reversals?

A: No—MAs lag price action. They confirm trends but don’t anticipate them.

Q: Why use EMA over SMA?

A: EMA reduces lag by weighting recent data more heavily, improving responsiveness.

Q: What assets work best with MA strategies?

A: Highly liquid assets (e.g., BTC, ETH) with frequent mean-reverting behavior.

👉 Learn more about EMA optimization


Conclusion

Moving average strategies offer a systematic approach to trend-following, particularly in volatile markets. While not foolproof, they provide clear, rules-based signals when calibrated correctly. For best results, integrate MAs with other indicators (e.g., RSI) and robust risk management protocols.

Disclaimer: This report is for educational purposes only and does not constitute financial advice.